Section 7-12.1-603 - Effect of dissociation(a) If a person's dissociation results in a dissolution and winding up of the partnership business, Article 8 of this chapter applies; otherwise, Article 7 of this chapter applies(b) If a person is dissociated as a partner: (1) The person's right to participate in the management and conduct of the partnership's business terminates, except as otherwise provided in § 7-12. 1-802(c); an(2) The person's duties and obligations under § 7-12. 1-409 end with regard to matters arising and events occurring after the person's dissociation, except to the extent the partner participates in winding up the partnership's business pursuant to § 7-12. 1-802.(c) A person's dissociation does not of itself discharge the person from any debt, obligation, or other liability to the partnership or the other partners which the person incurred while a partner.R.I. Gen. Laws § 7-12.1-603
P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective January 1, 2023.