53-9-10. Dissolution of partnership--Agreement of partners to refrain from carrying on similar business, validity.
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/sd/title-53/chapter-53-9/53-9-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Partners may, upon or in anticipation of a dissolution of the partnership, agree that none of them will carry on a similar business within the same municipality where the partnership business has been transacted or within a specified part thereof.