StateLawyers Logo Add Your Practice
Attorney Search Issue: State: City: Search for an Attorney
Home About Us Legal Resources State Resources FAQ Add Your Practice Login Contact Us
State Statutes - Washington - Title 25 - 25.05 - 25.05.235
Washington Statutes
Search Washington Statutes
25.05.235 - Effect of partner's dissociation.
(1) If a partner's dissociation results in a dissolution and winding up of the partnership business, article 8 of this chapter applies; otherwise, article 7 of this chapter applies.

     (2) Upon a partner's dissociation:

     (a) The partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in RCW 25.05.310;

     (b) The partner's duty of loyalty under RCW 25.05.165(2)(c) terminates; and

     (c) The partner's duty of loyalty under RCW 25.05.165(2) (a) and (b) and duty of care under RCW 25.05.165(3) continue only with regard to matters arising and events occurring before the partner's dissociation, unless the partner participates in winding up the partnership's business pursuant to RCW 25.05.310.

[1998 c 103 § 603.]
 
Click here to visit the Official Washington State Statutes
Home  |   Sitemap  |   About Us  |   Contact Us  |   Privacy Policy  |   Security  |   Disclaimer  |   Add Your Practice  |   Attorney Login
Copyright © 2004 - 2008, StateLawyers.com, Inc. All Rights Reserved.