§ 45 — Continuation of partnership beyond fixed term

§ 45. Continuation of partnership beyond fixed term. 1. When a\npartnership for a fixed term or particular undertaking is continued\nafter the termination of such term or particular undertaking without any\nexpress agreement, the rights and duties of the partners remain the same\nas they were at such termination, so far as is consistent with a\npartnership at will.\n 2. A continuation of the business by the partners or such of them as\nhabitually acted therein during the term, without any settlement or\nliquidation of the partnership affairs, is prima facie evidence of a\ncontinuation of the partnership.\n