Section 64. General effect of dissolution on authority of partner  


Latest version.
  • Except
      so far as may be necessary to wind up partnership affairs or to complete
      transactions begun but not then  finished,  dissolution  terminates  all
      authority of any partner to act for the partnership,
        1. With respect to the partners:
        (a)  When  the dissolution is not by the act, bankruptcy or death of a
      partner; or
        (b) When the dissolution is by such act,  bankruptcy  or  death  of  a
      partner, in cases where section sixty-five so requires.
        2.  With  respect  to  persons  not  partners,  as declared in section
      sixty-six.