Idaho § 30-23-801 EVENTS CAUSING DISSOLUTION

Idaho Statutes

§ 30-23-801 — EVENTS CAUSING DISSOLUTION

Idaho § 30-23-801

Title 30CORPORATIONS

Part 8DISSOLUTION AND WINDING UP

Ch. 23GENERAL PARTNERSHIPS

This text of Idaho § 30-23-801 (EVENTS CAUSING DISSOLUTION) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 30-23-801 (2026).

Text

A partnership is dissolved, and its business must be wound up, upon the occurrence of any of the following:

(1)In a partnership at will, the partnership knows or has notice of a person’s express will to withdraw as a partner, other than a partner that has dissociated under section 30-23-601 (2) through (10), Idaho Code, but, if the person has specified a withdrawal date later than the date the partnership knew or had notice, on the later date;

(2)In a partnership for a definite term or particular undertaking:

(A)Within ninety (90) days after a person’s dissociation by death or otherwise under section 30-23-601 (6) through (10), Idaho Code, or wrongful dissociation under section 30-23-602 (b), Idaho Code, the affirmative vote or consent of at least half of the remaining partners to wind

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A partnership is dissolved, and its business must be wound up, upon the occurrence of any of the following:
(1) In a partnership at will, the partnership knows or has notice of a person’s express will to withdraw as a partner, other than a partner that has dissociated under section 30-23-601 (2) through (10), Idaho Code, but, if the person has specified a withdrawal date later than the date the partnership knew or had notice, on the later date;
(2) In a partnership for a definite term or particular undertaking:
(A) Within ninety (90) days after a person’s dissociation by death or otherwise under section 30-23-601 (6) through (10), Idaho Code, or wrongful dissociation under section 30-23-602 (b), Idaho Code, the affirmative vote or consent of at least half of the remaining partners to wind up the partnership business, for which purpose a person’s rightful dissociation pursuant to section 30-23-602 (b)(2)(A), Idaho Code, constitutes the expression of that partner’s expression of consent to wind up the partnership business;
(B) The affirmative vote or consent of all the partners to wind up the partnership business; or
(C) The expiration of the term or the completion of the undertaking;
(3) An event or circumstance that the partnership agreement states causes dissolution;
(4) On application by a partner, the entry by the district court of an order dissolving the partnership on the ground that:
(A) Conduct of all or substantially all the partnership’s business is unlawful;
(B) The economic purpose of the partnership is likely to be unreasonably frustrated;
(C) Another partner has engaged in conduct relating to the partnership business that makes it not reasonably practicable to carry on the business in partnership with that partner; or
(D) It is otherwise not reasonably practicable to carry on the partnership business in conformity with the partnership agreement;
(5) On application by a transferee, the entry by the district court of an order dissolving the partnership on the ground that it is equitable to wind up the partnership business:
(A) After the expiration of the term or completion of the undertaking, if the partnership was for a definite term or particular undertaking at the time of the transfer or entry of the charging order that gave rise to the transfer; or
(B) At any time, if the partnership was a partnership at will at the time of the transfer or entry of the charging order that gave rise to the transfer;
(6) The passage of ninety (90) consecutive days during which the partnership does not have at least two (2) partners.