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

Wyoming Statutes

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

Wyoming § 17-21-602

Title 17Corporations, Partnerships and Associations

Ch. 21UNIFORM PARTNERSHIP ACT

Art. 6PARTNER'S DISSOCIATION

This text of Wyoming § 17-21-602 (Partner's wrongful dissociation) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-21-602 (2026).

Text

(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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(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
partnership and to the other partners for damages caused by the
dissociation. That liability is in addition to any other
liability of the partner to the partnership or to the other
partners.