Maine § 31 §1062 Partner's power to dissociate; wrongful dissociation

Maine Statutes

§ 31 §1062 — Partner's power to dissociate; wrongful dissociation

Maine § 31 §1062

Title 31PARTNERSHIPS AND ASSOCIATIONS

Ch. 17UNIFORM PARTNERSHIP ACT

This text of Maine § 31 §1062 (Partner's power to dissociate; wrongful dissociation) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 31, § 31 §1062 (2026).

Text

1.By express will. A partner has the power to dissociate at any time, rightfully or wrongfully, by express will pursuant to section 1061, subsection 1.

2.Wrongful dissociation. A partner's dissociation is wrongful only if:

3.Liability for wrongful dissociation. A partner who wrongfully dissociates is liable to the partnership and to the other partners for damages caused by the dissociation. The liability is in addition to any other obligation of the partner to the partnership or to the other partners.

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1.
By express will.
A partner has the power to dissociate at any time, rightfully or wrongfully, by express will pursuant to section 1061, subsection 1.
2.
Wrongful dissociation.
A partner's dissociation is wrongful only if:
3.
Liability for wrongful dissociation.
A partner who wrongfully dissociates is liable to the partnership and to the other partners for damages caused by the dissociation. The liability is in addition to any other obligation of the partner to the partnership or to the other partners.