ARTICLE 8. Winding Up Partnership Business

Article 8 added by Stats. 1996, Ch. 1003, Sec. 2.

§§ 16801–16807 · 7 sections

• § 16801 A partnership is dissolved, and its business shall be wound up, only upon the occurrence of any of the following events: (1) In a partnership at will, by the…
• § 16802 (a) Subject to subdivision (b), a partnership continues after dissolution only for the purpose of winding up its business. The partnership is terminated when…
• § 16803 (a) After dissolution, a partner who has not dissociated may participate in winding up the partnership’s business, but on application of any partner, partner’s…
• § 16804 Subject to Section 16805, a partnership is bound by a partner’s act after dissolution that is either of the following: (1) Appropriate for winding up the…
• § 16805 (a) After dissolution, a partner who has not wrongfully dissociated may file a statement of dissolution stating the name of the partnership as filed with the…
• § 16806 (a) Except as otherwise provided in subdivision (b) and except for registered limited liability partnerships and foreign limited liability partnerships, after…
• § 16807 (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…