77. Liability for debts incurred after a partner's retirement.

A retiring partner may be liable for subsequent debts if no proper notice of dissolution has been given to the creditors1, or even if such notice has been given but he has left his name in the firm style2; but the estate of a partner who dies, or who becomes bankrupt, or of a partner who, not having been known to a creditor 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