130. Profits made after dissolution.

130.     Profits made after dissolution.

A partner continuing the business with partnership assets after dissolution must account for profits1 up to the final winding up of the concern2; and surviving partners who carry on the business must account for the profits of the share of a deceased partner up to the time of the liquidation of the assets3.

In the absence of any agreement to the contrary, the outgoing partner4, or his personal representative if he is dead, has a statutory right to elect to charge the continuing or surviving partner either with the share of profits since