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 486.34 so requires.
2. With respect to persons not partners, as declared in section 486.35.
[C73, 75, 77, 79, 81, § 544.33]
C93, § 486.33
Chapter repealed effective January 1, 2001; 98 Acts, ch 1201, § 78
For provisions applicable to certain partnerships on or after January 1, 1999, and requirements applicable on or after January 1, 2001, see chapter 486A
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