362.300 Causes of dissolution.
194 words·~1 min read·
/ky/chapter-362/362-300A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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,
(d)By the expulsion of any partner from the business bona fide 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;
(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;
(5)By the bankruptcy of any partner or the partnership;
(6)By decree of court under KRS 362.305.