South Carolina § 33-41-950 Effect of dissolution on partner's authority to act.

South Carolina Statutes

§ 33-41-950 — Effect of dissolution on partner's authority to act.

South Carolina § 33-41-950

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 41UNIFORM PARTNERSHIP ACT

This text of South Carolina § 33-41-950 (Effect of dissolution on partner's authority to act.) 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. § 33-41-950 (2026).

Text

Except so far as may be necessary to wind up partnership affairs or to complete transactions begun but not then finished, dissolution terminates all authority of any partner to act for the partnership:

(1)With respect to the partners (a) when the dissolution is not by the act, bankruptcy or death of a partner or (b) when the dissolution is by such act, bankruptcy or death of a partner when SECTION 33-41-960 so requires; and (2) With respect to persons not partners, as declared in SECTIONS 33-41-970 and 33-41-990.

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Except so far as may be necessary to wind up partnership affairs or to complete transactions begun but not then finished, dissolution terminates all authority of any partner to act for the partnership: (1) With respect to the partners (a) when the dissolution is not by the act, bankruptcy or death of a partner or (b) when the dissolution is by such act, bankruptcy or death of a partner when SECTION 33-41-960 so requires; and (2) With respect to persons not partners, as declared in SECTIONS 33-41-970 and 33-41-990.