{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/50-73.109.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/50-73.109.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/50-73.109.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/50-73.109.html"}],"law_id":87010,"edition_id":1,"section_id":87010,"structure_id":16240,"section_number":"50-73.109","catch_line":"Events causing partner&#8217;s dissociation","history":"1996, c. 292; 1997, c. 801.","full_text":"A partner is dissociated from a partnership upon the occurrence of any of the following events:\n\n1\n\nThe partnership&#8217;s having notice of the partner&#8217;s express will to withdraw as a partner on a later date specified by the partner in the notice or, if no later date is specified, the date of notice;2\n\nAn event agreed to in the partnership agreement as causing the partner&#8217;s dissociation;3\n\nThe partner&#8217;s expulsion pursuant to the partnership agreement;4\n\nThe partner&#8217;s expulsion by the unanimous vote of the other partners if:\n\t\t\ta. It is unlawful to carry on the partnership business with that partner; or\n\t\t\tb. There has been a transfer of all or substantially all of that partner&#8217;s transferable interest in the partnership, other than a transfer for security purposes or a court order charging the partner&#8217;s interest which, in either case has not been foreclosed.5\n\nOn application by the partnership or another partner, the partner&#8217;s expulsion by judicial determination because:\n\t\t\ta. The partner engaged in wrongful conduct that adversely and materially affected the partnership business;\n\t\t\tb. The partner willfully or persistently committed a material breach of the partnership agreement or of a duty owed to the partnership or the other partners under &#xA7; 50-73.102; or\n\t\t\tc. The partner engaged in conduct relating to the partnership business which makes it not reasonably practicable to carry on the business in partnership with the partner;6\n\nThe partner&#8217;s:\n\t\t\ta. Becoming a debtor in bankruptcy;\n\t\t\tb. Executing an assignment for the benefit of creditors;\n\t\t\tc. Seeking, consenting to, or acquiescing in the appointment of a trustee, receiver, or liquidator of that partner or of all or substantially all of that partner&#8217;s property; or\n\t\t\td. Failing, within ninety days after the appointment, to have vacated or stayed the appointment of a trustee, receiver, or liquidator of the partner or of all or substantially all of the partner&#8217;s property obtained without the partner&#8217;s consent or acquiescence, or failing within ninety days after the expiration of a stay to have the appointment vacated;7\n\nIn the case of a partner who is an individual:\n\t\t\ta. The partner&#8217;s death;\n\t\t\tb. The appointment of a guardian, committee or conservator for the partner; or\n\t\t\tc. A judicial determination that the partner has otherwise become incapable of performing the partner&#8217;s duties under the partnership agreement;8\n\nIn the case of a partner that is a trust or is acting as a partner by virtue of being a trustee of a trust, distribution of the trust&#8217;s entire transferable interest in the partnership, but not merely by reason of the substitution of a successor trustee;9\n\nIn the case of a partner that is an estate or is acting as a partner by virtue of being a personal representative of an estate, distribution of the estate&#8217;s entire transferable interest in the partnership, but not merely by reason of the substitution of a successor personal representative;10\n\nTermination of a partner who is not an individual, partnership, corporation, limited liability company, trust, or estate;11\n\nThe expiration of ninety days after the partnership notifies a corporate partner that it will be expelled because it has filed articles of dissolution or the equivalent, its existence has been terminated or its charter has been revoked, or its right to conduct business has been suspended by the jurisdiction of its incorporation, if there is no revocation of the certificate of dissolution or no reinstatement of its existence, its charter or its right to conduct business; or12\n\nA partnership or limited liability company that is a partner has been dissolved and its business is being wound up.","order_by":null,"text":{"0":{"id":311521,"text":"A partner is dissociated from a partnership upon the occurrence of any of the following events:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":311522,"text":"The partnership&#8217;s having notice of the partner&#8217;s express will to withdraw as a partner on a later date specified by the partner in the notice or, if no later date is specified, the date of notice;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":311523,"text":"An event agreed to in the partnership agreement as causing the partner&#8217;s dissociation;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":311524,"text":"The partner&#8217;s expulsion pursuant to the partnership agreement;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":311525,"text":"The partner&#8217;s expulsion by the unanimous vote of the other partners if:\n\t\t\ta. It is unlawful to carry on the partnership business with that partner; or\n\t\t\tb. There has been a transfer of all or substantially all of that partner&#8217;s transferable interest in the partnership, other than a transfer for security purposes or a court order charging the partner&#8217;s interest which, in either case has not been foreclosed.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":311526,"text":"On application by the partnership or another partner, the partner&#8217;s expulsion by judicial determination because:\n\t\t\ta. The partner engaged in wrongful conduct that adversely and materially affected the partnership business;\n\t\t\tb. The partner willfully or persistently committed a material breach of the partnership agreement or of a duty owed to the partnership or the other partners under &#xA7; 50-73.102; or\n\t\t\tc. The partner engaged in conduct relating to the partnership business which makes it not reasonably practicable to carry on the business in partnership with the partner;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":311527,"text":"The partner&#8217;s:\n\t\t\ta. Becoming a debtor in bankruptcy;\n\t\t\tb. Executing an assignment for the benefit of creditors;\n\t\t\tc. Seeking, consenting to, or acquiescing in the appointment of a trustee, receiver, or liquidator of that partner or of all or substantially all of that partner&#8217;s property; or\n\t\t\td. Failing, within ninety days after the appointment, to have vacated or stayed the appointment of a trustee, receiver, or liquidator of the partner or of all or substantially all of the partner&#8217;s property obtained without the partner&#8217;s consent or acquiescence, or failing within ninety days after the expiration of a stay to have the appointment vacated;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":311528,"text":"In the case of a partner who is an individual:\n\t\t\ta. The partner&#8217;s death;\n\t\t\tb. The appointment of a guardian, committee or conservator for the partner; or\n\t\t\tc. A judicial determination that the partner has otherwise become incapable of performing the partner&#8217;s duties under the partnership agreement;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":311529,"text":"In the case of a partner that is a trust or is acting as a partner by virtue of being a trustee of a trust, distribution of the trust&#8217;s entire transferable interest in the partnership, but not merely by reason of the substitution of a successor trustee;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":311530,"text":"In the case of a partner that is an estate or is acting as a partner by virtue of being a personal representative of an estate, distribution of the estate&#8217;s entire transferable interest in the partnership, but not merely by reason of the substitution of a successor personal representative;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":311531,"text":"Termination of a partner who is not an individual, partnership, corporation, limited liability company, trust, or estate;","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":311532,"text":"The expiration of ninety days after the partnership notifies a corporate partner that it will be expelled because it has filed articles of dissolution or the equivalent, its existence has been terminated or its charter has been revoked, or its right to conduct business has been suspended by the jurisdiction of its incorporation, if there is no revocation of the certificate of dissolution or no reinstatement of its existence, its charter or its right to conduct business; or","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10","next_prefix":"12"},"12":{"id":311533,"text":"A partnership or limited liability company that is a partner has been dissolved and its business is being wound up.","type":"section","prefixes":["12"],"prefix":"12","entire_prefix":"12","prefix_anchor":"12","level":1,"prior_prefix":"11"}},"ancestry":[{"id":16240,"edition_id":1,"name":"Partner's Dissociation","identifier":"6","label":"article","depth":3,"order_by":1,"parent_id":12958,"metadata":{},"date_created":"2026-06-26 04:10:44","date_modified":"2026-06-26 04:10:44","permalink":{"id":234853,"object_type":"structure","relational_id":16240,"identifier":"6","token":"50\/2.2\/6","url":"\/50\/2.2\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12958,"edition_id":1,"name":"Virginia Uniform Partnership Act","identifier":"2.2","label":"chapter","depth":2,"order_by":1,"parent_id":12957,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234691,"object_type":"structure","relational_id":12958,"identifier":"2.2","token":"50\/2.2","url":"\/50\/2.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12957,"edition_id":1,"name":"Partnerships","identifier":"50","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234229,"object_type":"structure","relational_id":12957,"identifier":"50","token":"50","url":"\/50\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":87010,"structure_id":16240,"section_number":"50-73.109","catch_line":"Events causing partner's dissociation","url":"\/50-73.109\/","token":"50\/2.2\/6\/50-73.109","metadata":false},{"id":65441,"structure_id":16240,"section_number":"50-73.110","catch_line":"Partner's power to dissociate; wrongful dissociation","url":"\/50-73.110\/","token":"50\/2.2\/6\/50-73.110","metadata":false},{"id":75780,"structure_id":16240,"section_number":"50-73.111","catch_line":"Effect of partner's dissociation","url":"\/50-73.111\/","token":"50\/2.2\/6\/50-73.111","metadata":false}],"next_section":{"id":65441,"structure_id":16240,"section_number":"50-73.110","catch_line":"Partner's power to dissociate; wrongful dissociation","url":"\/50-73.110\/","token":"50\/2.2\/6\/50-73.110","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.109\/","history_text":"<p>This law was first created in 1996. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?961+ful+CHAP0292\">292<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1997, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?971+ful+CHAP0801\">801<\/a>.<\/p>","references":[{"id":65441,"section_number":"50-73.110","catch_line":"Partner's power to dissociate; wrongful dissociation","order_by":null,"url":"\/50-73.110\/"},{"id":56128,"section_number":"50-73.117","catch_line":"Events causing dissolution and winding up of partnership business","order_by":null,"url":"\/50-73.117\/"},{"id":68353,"section_number":"50-73.81","catch_line":"Effect of partnership agreement; nonwaivable provisions","order_by":null,"url":"\/50-73.81\/"}],"refers_to":[{"id":68178,"section_number":"50-73.102","catch_line":"General standards of partner's conduct","order_by":null,"url":"\/50-73.102\/"}],"permalink":{"id":234855,"object_type":"law","relational_id":87010,"identifier":"50-73.109","token":"50\/2.2\/6\/50-73.109","url":"\/50-73.109\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/50-73.109\/","token":"50\/2.2\/6\/50-73.109","dublin_core":{"Title":"Events causing partner&#8217;s dissociation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.109","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A partner is dissociated from a <span class=\"dictionary\">partnership<\/span> upon the occurrence of any of the following events:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> The <span class=\"dictionary\">partnership<\/span>&#8217;s having notice of the partner&#8217;s express will to withdraw as a partner on a later date specified by the partner in the notice or, if no later date is specified, the date of notice; <a id=\"paragraph-311522\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> An event agreed to in the <span class=\"dictionary\">partnership agreement<\/span> as causing the partner&#8217;s dissociation; <a id=\"paragraph-311523\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"3\"><p><span class=\"prefix-number\">3.<\/span> The partner&#8217;s expulsion pursuant to the <span class=\"dictionary\">partnership agreement<\/span>; <a id=\"paragraph-311524\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"4\"><p><span class=\"prefix-number\">4.<\/span> The partner&#8217;s expulsion by the unanimous vote of the other partners if:\n\t\t\ta. It is unlawful to carry on the partnership <span class=\"dictionary\">business<\/span> with that partner; or\n\t\t\tb. There has been a <span class=\"dictionary\">transfer<\/span> of all or substantially all of that partner&#8217;s transferable interest in the partnership, other than a <span class=\"dictionary\">transfer<\/span> for security purposes or a <span class=\"dictionary\">court order<\/span> charging the partner&#8217;s interest which, in either case has not been foreclosed. <a id=\"paragraph-311525\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"5\"><p><span class=\"prefix-number\">5.<\/span> On application by the partnership or another partner, the partner&#8217;s expulsion by judicial determination because:\n\t\t\ta. The partner engaged in wrongful conduct that adversely and materially affected the partnership <span class=\"dictionary\">business<\/span>;\n\t\t\tb. The partner willfully or persistently committed a <span class=\"dictionary\">material<\/span> breach of the <span class=\"dictionary\">partnership agreement<\/span> or of a duty owed to the partnership or the other partners under &#xA7; <a class=\"law\" title=\"General standards of partner&#039;s conduct\" href=\"\/50-73.102\/\">50-73.102<\/a>; or\n\t\t\tc. The partner engaged in conduct relating to the partnership <span class=\"dictionary\">business<\/span> which makes it not reasonably practicable to carry on the <span class=\"dictionary\">business<\/span> in partnership with the partner; <a id=\"paragraph-311526\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"6\"><p><span class=\"prefix-number\">6.<\/span> The partner&#8217;s:\n\t\t\ta. Becoming a <span class=\"dictionary\">debtor in bankruptcy<\/span>;\n\t\t\tb. Executing an assignment for the benefit of <span class=\"dictionary\">creditors<\/span>;\n\t\t\tc. Seeking, consenting to, or acquiescing in the appointment of a trustee, receiver, or liquidator of that partner or of all or substantially all of that partner&#8217;s <span class=\"dictionary\">property<\/span>; or\n\t\t\td. Failing, within ninety days after the appointment, to have vacated or stayed the appointment of a trustee, receiver, or liquidator of the partner or of all or substantially all of the partner&#8217;s <span class=\"dictionary\">property<\/span> obtained without the partner&#8217;s consent or acquiescence, or failing within ninety days after the expiration of a <span class=\"dictionary\">stay<\/span> to have the appointment vacated; <a id=\"paragraph-311527\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#6\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"7\"><p><span class=\"prefix-number\">7.<\/span> In the case of a partner who is an individual:\n\t\t\ta. The partner&#8217;s death;\n\t\t\tb. The appointment of a guardian, committee or conservator for the partner; or\n\t\t\tc. A judicial determination that the partner has otherwise become incapable of performing the partner&#8217;s duties under the <span class=\"dictionary\">partnership agreement<\/span>; <a id=\"paragraph-311528\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#7\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"8\"><p><span class=\"prefix-number\">8.<\/span> In the case of a partner that is a trust or is acting as a partner by virtue of being a trustee of a trust, <span class=\"dictionary\">distribution<\/span> of the trust&#8217;s entire transferable interest in the partnership, but not merely by reason of the substitution of a successor trustee; <a id=\"paragraph-311529\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#8\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"9\"><p><span class=\"prefix-number\">9.<\/span> In the case of a partner that is an estate or is acting as a partner by virtue of being a personal representative of an estate, <span class=\"dictionary\">distribution<\/span> of the estate&#8217;s entire transferable interest in the partnership, but not merely by reason of the substitution of a successor personal representative; <a id=\"paragraph-311530\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#9\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"10\"><p><span class=\"prefix-number\">10.<\/span> Termination of a partner who is not an individual, partnership, corporation, limited liability company, trust, or estate; <a id=\"paragraph-311531\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#10\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"11\"><p><span class=\"prefix-number\">11.<\/span> The expiration of ninety days after the partnership notifies a corporate partner that it will be expelled because it has filed articles of dissolution or the equivalent, its existence has been terminated or its charter has been revoked, or its right to conduct <span class=\"dictionary\">business<\/span> has been suspended by the <span class=\"dictionary\">jurisdiction<\/span> of its incorporation, if there is no <span class=\"dictionary\">revocation<\/span> of the certificate of dissolution or no reinstatement of its existence, its charter or its right to conduct <span class=\"dictionary\">business<\/span>; or <a id=\"paragraph-311532\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#11\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"12\"><p><span class=\"prefix-number\">12.<\/span> A partnership or limited liability company that is a partner has been dissolved and its <span class=\"dictionary\">business<\/span> is being wound up. <a id=\"paragraph-311533\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.109\/#12\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEVENTS CAUSING PARTNER&#8217;S DISSOCIATION (\u00a7 50-73.109)\n\nA partner is dissociated from a partnership upon the occurrence of any of the\nfollowing events:\n\n1. The partnership&#8217;s having notice of the partner&#8217;s express will to\nwithdraw as a partner on a later date specified by the partner in the notice or,\nif no later date is specified, the date of notice;\n\n2. An event agreed to in the partnership agreement as causing the\npartner&#8217;s dissociation;\n\n3. The partner&#8217;s expulsion pursuant to the partnership agreement;\n\n4. The partner&#8217;s expulsion by the unanimous vote of the other partners if:\n\t\t\ta. It is unlawful to carry on the partnership business with that partner; or\n\t\t\tb. There has been a transfer of all or substantially all of that\npartner&#8217;s transferable interest in the partnership, other than a transfer\nfor security purposes or a court order charging the partner&#8217;s interest\nwhich, in either case has not been foreclosed.\n\n5. On application by the partnership or another partner, the partner&#8217;s\nexpulsion by judicial determination because:\n\t\t\ta. The partner engaged in wrongful conduct that adversely and materially\naffected the partnership business;\n\t\t\tb. The partner willfully or persistently committed a material breach of the\npartnership agreement or of a duty owed to the partnership or the other partners\nunder &#xA7; 50-73.102; or\n\t\t\tc. The partner engaged in conduct relating to the partnership business which\nmakes it not reasonably practicable to carry on the business in partnership with\nthe partner;\n\n6. The partner&#8217;s:\n\t\t\ta. Becoming a debtor in bankruptcy;\n\t\t\tb. Executing an assignment for the benefit of creditors;\n\t\t\tc. Seeking, consenting to, or acquiescing in the appointment of a trustee,\nreceiver, or liquidator of that partner or of all or substantially all of that\npartner&#8217;s property; or\n\t\t\td. Failing, within ninety days after the appointment, to have vacated or\nstayed the appointment of a trustee, receiver, or liquidator of the partner or\nof all or substantially all of the partner&#8217;s property obtained without the\npartner&#8217;s consent or acquiescence, or failing within ninety days after the\nexpiration of a stay to have the appointment vacated;\n\n7. In the case of a partner who is an individual:\n\t\t\ta. The partner&#8217;s death;\n\t\t\tb. The appointment of a guardian, committee or conservator for the partner;\nor\n\t\t\tc. A judicial determination that the partner has otherwise become incapable\nof performing the partner&#8217;s duties under the partnership agreement;\n\n8. In the case of a partner that is a trust or is acting as a partner by virtue\nof being a trustee of a trust, distribution of the trust&#8217;s entire\ntransferable interest in the partnership, but not merely by reason of the\nsubstitution of a successor trustee;\n\n9. In the case of a partner that is an estate or is acting as a partner by\nvirtue of being a personal representative of an estate, distribution of the\nestate&#8217;s entire transferable interest in the partnership, but not merely\nby reason of the substitution of a successor personal representative;\n\n10. Termination of a partner who is not an individual, partnership, corporation,\nlimited liability company, trust, or estate;\n\n11. The expiration of ninety days after the partnership notifies a corporate\npartner that it will be expelled because it has filed articles of dissolution or\nthe equivalent, its existence has been terminated or its charter has been\nrevoked, or its right to conduct business has been suspended by the jurisdiction\nof its incorporation, if there is no revocation of the certificate of\ndissolution or no reinstatement of its existence, its charter or its right to\nconduct business; or\n\n12. A partnership or limited liability company that is a partner has been\ndissolved and its business is being wound up.\n\nHISTORY: 1996, c. 292; 1997, c. 801.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}