Notice respecting change of constitution, liability after the date of death, bankruptcy or retirement
37(1)Where a person deals with a firm after a change in its constitution, he is entitled to treat all apparent members of the old firm as still being members of the firm until he has notice of the change.
37(2)An advertisement in
The Royal Gazette or the registration of a certificate under the
Partnerships and Business Names Registration Act is notice to persons who had no dealings with the firm before the date of the dissolution so advertised or certified.
37(3)The estate of a partner who dies or who becomes bankrupt or of a partner who, not having been known to the person dealing with the firm to be a partner, retires from the firm is not liable for partnership debts contracted after the date of the death, bankruptcy, or retirement respectively.
R.S., c.167, s.37; 1956, c.50, s.1; 1980, c.39, s.22; 1986, c.62, s.25; 2022, c.2, s.4