Wyoming Statutes

Wyo. Stat. § 17-21-702 (2026)

Dissociated partner's power to bind and

✓ current as of May 2026
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liability to partnership.

     (a) For two (2) years after a partner dissociates without
resulting in a dissolution and winding up of the partnership
business, the partnership, including a surviving partnership
under article 9 of this chapter, is bound by an act of the
dissociated partner that would have bound the partnership under
W.S. 17-21-301 before dissociation only if the other party to
the transaction:

          (i) Reasonably believes when entering the transaction
that the dissociated partner is a partner at that time;

          (ii) Does not have notice of the partner's
dissociation; and
          (iii) Is not deemed to have notice under W.S.
17-21-303(e) or 17-21-704.

     (b) A dissociated partner is liable to the partnership for
any loss caused to the partnership arising from an obligation
incurred by the dissociated partner after dissociation, for
which the partnership is liable under subsection (a) of this
section.