A partner is dissociated from a partnership upon the occurrence of any of the following events: (1) The partnership’s having notice of the partner’s express will to withdraw as a partner or on a later date specified by the partner; (2) An event agreed to in the partnership agreement as causing the partner’s dissociation; (3) The partner’s expulsion […]
(a) A partner has the power to dissociate at any time, rightfully or wrongfully, by express will pursuant to § 9A-601(1) of this subtitle. (b) A partner’s dissociation is wrongful only if: (1) It is in breach of an express provision of the partnership agreement; or (2) In the case of a partnership for a definite term or particular […]
(a) If a partner’s dissociation results in a dissolution and winding up of the partnership business, Subtitle 8 of this title applies; otherwise, Subtitle 7 of this title applies. (b) Upon a partner’s dissociation: (1) The partner’s right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 9A–803 of […]
