Effect of Retirement, Death or Insanity of a General Partner.

  1. Law
  2. New York Laws
  3. Partnership
  4. Limited Partnerships.
  5. Effect of Retirement, Death or Insanity of a General Partner.

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§ 109. Effect of retirement, death or insanity of a general partner. The retirement, death or insanity of a general partner dissolves the partnership, unless the business is continued by the remaining general partners

(a) Under a right so to do stated in the certificate, or,

(b) With the consent of all members.


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