Hawaii Revised Statutes 425-141 – Partner’s power to bind partnership after dissolution
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Subject to § 425-142, a partnership is bound by a partner’s act after dissolution that:
Terms Used In Hawaii Revised Statutes 425-141
- Business: includes every trade, occupation, and profession. See Hawaii Revised Statutes 425-101
- 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.
- Partnership: means an association of two or more persons to carry on as co-owners a business for profit formed under § 425-109, a predecessor law, or comparable law of another jurisdiction. See Hawaii Revised Statutes 425-101