Wyoming Statutes

§ 17-21-602 — Partner's wrongful dissociation

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 21 UNIFORM PARTNERSHIP ACT·Art. 6 PARTNER'S DISSOCIATION
(a)A partner's dissociation is wrongful only if:
(i)It is in breach of an express provision of the partnership agreement; or
(ii)In the case of a partnership for a definite term or particular undertaking, before the expiration of the term or the completion of the undertaking:
(A)The partner withdraws by express will, unless the withdrawal follows the dissociation of another partner and results in a right to dissolve the partnership under W.S. 17-21-801(a)(ii)(A);
(B)The partner is expelled by judicial decree under W.S. 17-21-601; or
(C)In case of a partner who is not an individual, trust other than a business trust or estate, the partner is expelled or otherwise dissociated because it willfully dissolved or terminated.
(b)A partner who wrongfully dissociates is liable to the partner

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