Section 425E-804 - Power of general partner and person dissociated as general partner to bind partnership after dissolution(a) A limited partnership shall be bound by a general partner's act after dissolution that: (1) Is appropriate for winding up the limited partnership's activities; or(2) Would have bound the limited partnership under section 425E-402 before dissolution, if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution.(b) A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if: (1) At the time the other party enters into the transaction:(A) Less than two years has passed since the dissociation; and(B) The other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and(2) The act: (A) Is appropriate for winding up the limited partnership's activities; or(B) Would have bound the limited partnership under section 425E-402 before dissolution and at the time the other party enters into the transaction the other party does not have notice of the dissolution. L 2003, c 210 , pt of §1 .