New York Partnership Law Section 109 - Effect of retirement, death or insanity of a general partner.

109. Effect of retirement, death or insanity of a general partner. The retirement, death or insanity of a general partner dissolves the partnership, unless the business is continued by the remaining general partners

(a) Under a right so to do stated in the certificate, or,

(b) With the consent of all members.


Last modified: February 3, 2019