Wyoming Statutes
§ 17-21-804 — Right to wind up partnership business
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 21 UNIFORM PARTNERSHIP ACT·Art. 8 WINDING UP PARTNERSHIP BUSINESS
(a)After dissolution, a partner who has not wrongfully
dissociated has a right to participate in winding up the
partnership's business, but on application of any partner,
partner's legal representative or transferee, the court, for
good cause, may order judicial supervision of the winding up.
(b)The legal representative of the last surviving partner
may wind up a partnership's business.
(c)A person winding up a partnership's business may
preserve the partnership business or property as a going concern
for a reasonable time, prosecute and defend actions and
proceedings, whether civil, criminal or administrative, settle
and close the partnership's business, dispose of and transfer
the partnership's property, discharge the partnership's
liabilities, distribute the assets of the partnership
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Nearby Sections
15
§ 17-21-1001
Uniformity of application and construction§ 17-21-1002
Short title§ 17-21-1003
Application to existing relationships§ 17-21-101
Definitions§ 17-21-102
Knowledge and notice§ 17-21-104
Supplemental principles of law§ 17-21-106
Law governing internal affairs§ 17-21-108
Powers§ 17-21-1101
Registered limited liability partnerships§ 17-21-1102
Effect of registration; entity unchanged