§47B-4-6. Continuation of Partnership Beyond Definite Term or Particular Undertaking
(a) If a partnership for a definite term or particular undertaking is continued, without an express agreement, after the expiration of the term or completion of the undertaking, the rights and duties of the partners remain the same as they were at the expiration or completion, so far as is consistent with a partnership at […]
§47B-5-1. Partner Not Coowner of Partnership Property
A partner is not a coowner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.
§47B-5-2. Partner's Transferable Interest in Partnership
The only transferable interest of a partner in the partnership is the partner's share of the profits and losses of the partnership and the partner's right to receive distributions. The interest is personal property.
§47B-5-3. Transfer of Partner's Transferable Interest
(a) A transfer, in whole or in part, of a partner's transferable interest in the partnership: (1) Is permissible;
§47B-5-4. Partner's Transferable Interest Subject to Charging Order
(a) On application by a judgment creditor of a partner or of a partner's transferee, a court having jurisdiction may charge the transferable interest of the judgment debtor to satisfy the judgment. The court may appoint a receiver of the share of the distributions due or to become due to the judgment debtor in respect […]
§47B-6-1. Events Causing Partner's Dissociation
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;
§47B-6-2. Partner's Power to Dissociate; Wrongful Dissociation
(a) A partner has the power to dissociate at any time, rightfully or wrongfully, by express will pursuant to subdivision (1), section one, article six of this chapter. (b) A partner's dissociation is wrongful only if: (1) It is in breach of an express provision of the partnership agreement; or
§47B-6-3. Effect of Partner's Dissociation
(a) If a partner's dissociation results in a dissolution and winding up of the partnership business, article eight of this chapter applies; otherwise, article seven of this chapter 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 […]
§47B-7-1. Purchase of Dissociated Partner's Interest
(a) If a partner is dissociated from a partnership without resulting in a dissolution and winding up of the partnership business under section one, article eight of this chapter, the partnership shall cause the dissociated partner's interest in the partnership to be purchased for a buyout price determined pursuant to subsection (b) of this section. […]
§47B-4-3. Partner's Rights and Duties With Respect to Information
(a) A partnership shall keep its books and records, if any, at its chief executive office. (b) A partnership shall provide partners and their agents and attorneys access to its books and records. It shall provide former partners and their agents and attorneys access to books and records pertaining to the period during which they […]