(a) Except as otherwise provided in (b) of this section, after dissolution, a partner is liable to the other partners for the partner’s share of any partnership liability incurred under Alaska Stat. § 32.06.804.
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Terms Used In Alaska Statutes 32.06.806

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under Alaska Stat. § 32.06.804(2) by an act that is not appropriate for winding up the partnership business is liable to the partnership for any damage caused to the partnership arising from the liability.
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