Kansas § 56a-603 Effect of partner's dissociation

Kansas Statutes

§ 56a-603 — Effect of partner's dissociation

Kansas § 56a-603

Ch. 56aKANSAS UNIFORM PARTNERSHIP ACT

Art. 6PARTNER'S DISSOCIATION

This text of Kansas § 56a-603 (Effect of partner's dissociation) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 56a-603 (2026).

Text

(a)If a partner's dissociation results in a dissolution and winding up of the partnership business, article 8 applies; otherwise, article 7 applies.

(b)Upon a partner's dissociation:

(1)The partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in K.S.A. 56a-803;

(2)the partner's duty of loyalty under subsection (b)(3) of K.S.A. 56a-404 terminates; and

(3)the partner's duty of loyalty under subsection (b)(1) and (2) of K.S.A. 56a-404 and duty of care under subsection (c) of K.S.A. 56a-404 continue only with regard to matters arising and events occurring before the partner's dissociation, unless the partner participates in winding up the partnership's business pursuant to K.S.A. 56a-803.

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(a) If a partner's dissociation results in a dissolution and winding up of the partnership business, article 8 applies; otherwise, article 7 applies.
(b) Upon a partner's dissociation:
(1) The partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in K.S.A. 56a-803;
(2) the partner's duty of loyalty under subsection (b)(3) of K.S.A. 56a-404 terminates; and
(3) the partner's duty of loyalty under subsection (b)(1) and (2) of K.S.A. 56a-404 and duty of care under subsection (c) of K.S.A. 56a-404 continue only with regard to matters arising and events occurring before the partner's dissociation, unless the partner participates in winding up the partnership's business pursuant to K.S.A. 56a-803.