|
||||||||||
|
||||||||||
| Alabama Code | California Code | Connecticut Code | Nebraska Code | Texas Code | ||||||||||
|
|
Section 10-8-91(Repealed effective January 1, 2001) Causes.Dissolution is caused: (1) Without violation of the agreement between the partners: a. By the termination of the definite term or particular undertaking specified in the agreement; b. By the express will of any partner when no definite term or particular undertaking is specified; c. By the express will of all the partners who have not assigned their interests or suffered them to be charged for their separate debts, either before or after the termination of any specified term or particular undertaking; or d. By the expulsion in good faith of any partner from the business in accordance with such a power conferred by the agreement between the partners; (2) In contravention of the agreement between the partners, where the circumstances do not permit a dissolution under any other provision of this section, by the express will of any partner at any time; such dissolution is considered wrongful under this chapter; (3) By any event which makes it unlawful for the business of the partnership to be carried on or for the members to carry it on in partnership; (4) By the death of any partner, unless otherwise provided by agreement between the partners; (5) By the bankruptcy of any partner or the partnership; or (6) By order of court under Section 10-8-92. (Acts 1971, No. 1513, p. 2609, §31.) |
|
| Alabama Code | California Code | Connecticut Code | Nebraska Code | Texas Code |
| © 2007 All Rights Reserved. LegalTips.ORG. |