(1) Subject to subsection (2), after the dissolution of an international partnership the authority of each international partner to bind the international partnership and the other rights and obligations of the international partners continue notwithstanding the dissolution so far as may be necessary to wind-up the affairs of the international partnership and to complete transactions begun but unfinished at the time of the dissolution but not otherwise.
(2) The international partnership is in no case bound by the acts of an international partner who has become bankrupt but this exception does not affect the liability of any person who has after the bankruptcy represented himself or herself or knowingly suffered himself or herself to be represented as an international partner of the bankrupt.