{"data":{"id":"us-ri/r.i.-gen.-laws-7-13.1-607","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-13.1-607","heading":"Liability of person dissociated as general partner to other persons.","body":"(a) A person’s dissociation as a general partner does not of itself discharge the person’s liability as a general partner for a debt, obligation, or other liability of the limited partnership incurred before dissociation. Except as otherwise provided in subsections (b) and (c) of this section, the person is not liable for a partnership obligation incurred after dissociation.\n(b) A person whose dissociation as a general partner results in a dissolution and winding up of the limited partnership’s activities and affairs is liable on an obligation incurred by the partnership under § 7-13.1-805 to the same extent as a general partner under § 7-13.1-404.\n(c) A person that is dissociated as a general partner without the dissociation resulting in a dissolution and winding up of the limited partnership’s activities and affairs is liable on a transaction entered into by the partnership after the dissociation only if:\n(1) A general partner would be liable on the transaction; and\n(2) At the time the other party enters into the transaction:\n(i) Less than two (2) years has passed since the dissociation; and\n(ii) The other party does not have knowledge or notice of the dissociation and reasonably believes that the person is a general partner.\n(d) By agreement with a creditor of a limited partnership and the partnership, a person dissociated as a general partner may be released from liability for a debt, obligation, or other liability of the partnership.\n(e) A person dissociated as a general partner is released from liability for a debt, obligation, or other liability of the limited partnership if the partnership’s creditor, with knowledge or notice of the person’s dissociation as a general partner but without the person’s consent, agrees to a material alteration in the nature or time of payment of the debt, obligation, or other liability.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 13.1 Uniform Limited Partnership Act","Part 6 Dissociation"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-13.1/7-6/7-13.1-607.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:54:49Z","sha256":"cfbdbc63193642139bd90c6f36f4fa7f846b06d46033dda33a788c6f9bc3bdcf","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-13.1-606","next":"us-ri/r.i.-gen.-laws-7-13.1-701"},"notice":"GroundRules: Original legal text. Not legal advice."}