South Carolina § 33-41-560 Continuation of partnership beyond fixed term or particular undertaking.

South Carolina Statutes

§ 33-41-560 — Continuation of partnership beyond fixed term or particular undertaking.

South Carolina § 33-41-560

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 41UNIFORM PARTNERSHIP ACT

This text of South Carolina § 33-41-560 (Continuation of partnership beyond fixed term or particular undertaking.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 33-41-560 (2026).

Text

(1)When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement the rights and duties of the partners remain the same as they were at such termination, so far as is consistent with a partnership at will.

(2)A continuation of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is prima facie evidence of a continuation of the partnership.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement the rights and duties of the partners remain the same as they were at such termination, so far as is consistent with a partnership at will. (2) A continuation of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is prima facie evidence of a continuation of the partnership.