Statute · New York Partnership Law
N.Y. P'ship Law § 109 — Effect of retirement, death or insanity of a general partner
N.Y. P'ship Law § 109
- Type
- Statute
- Source
- New York Partnership Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 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
Citator
N.Y. P'ship Law § 109 — Effect of retirement, death or insanity of a general partner is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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.