805 ILCS 206/804

in effect

(805 ILCS 206/804) Sec. 804. Partner's power to bind partnership after dissolution. Subject to Section 805 of this Act, a partnership is bound by a partner's act after dissolution that: (1) is appropriate for winding up the partnership business; or (2) would have bound the partnership under Section 301 before dissolution, if the other party to the transaction did not have notice of the dissolution. (Source: P.A. 92-740, eff. 1-1-03.)

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026