29-1071. Events causing dissolution and winding up of partnership business A partnership is dissolved, and its business shall be wound up, only on the occurrence of any of the following events: 1. In a partnership at will, the partnership having notice from a partner, other than a partner who is dissociated under section 29-1051, paragraphs […]
29-1072. Partnership continues after dissolution A. Subject to subsection B of this section, a partnership continues after dissolution only for the purpose of winding up its business. The partnership is terminated when the winding up of its business is completed. If the partnership is a limited liability partnership, its status as a limited liability partnership […]
29-1073. Right to wind up partnership business A. After dissolution, a partner who has not wrongfully dissociated may participate in winding up the partnership’s business, but on application of any partner, partner’s legal representative or transferee, the superior court, for good cause shown, may order judicial supervision of the winding up. B. The legal representative […]
29-1074. Partner’s power to bind partnership after dissolution Subject to section 29-1075, a partnership is bound by a partner’s act after dissolution that either: 1. Is appropriate for winding up the partnership business. 2. Would have bound the partnership under section 29-1021 before dissolution, if the other party to the transaction did not have notice […]
29-1075. Statement of dissolution A. After dissolution, a partner who has not wrongfully dissociated may file a statement of dissolution stating the name of the partnership and that the partnership has dissolved and is winding up its business. B. A statement of dissolution cancels a filed statement of partnership authority for the purposes of section […]
29-1076. Partner’s liability to other partners after dissolution A. Except as otherwise provided in subsection B of this section or in section 29-1026, after dissolution a partner is liable to the other partners for the partner’s share of any partnership liability incurred under section 29-1074. B. A partner who, with knowledge of the dissolution, incurs […]
29-1077. Settlement of accounts and contributions among partners A. In winding up a partnership’s business, the assets of the partnership, including the contributions of the partners required by this section, shall be applied to discharge its obligations to creditors, including, to the extent permitted by law, partners who are creditors. Any surplus shall be applied […]
