358.310. Causes of dissolution. - Missouri Statutes

Causes of dissolution.

358.310. Dissolution is caused:

(1) Without violation of the agreement between the partners,

(a) By the termination of the definite term or particularundertaking specified in the agreement;

(b) By the express will of any partner when no definite termor particular undertaking is specified;

(c) By the express will of all the partners who have notassigned their interests or suffered them to be charged for theirseparate debts, either before or after the termination of anyspecified term or particular undertaking;

(d) By the expulsion of any partner from the business bonafide in accordance with such a power conferred by the agreementbetween the partners;

(2) In contravention of the agreement between the partners,where the circumstances do not permit a dissolution under anyother provision of this section, by the express will of anypartner at any time;

(3) By any event which makes it unlawful for the business ofthe partnership to be carried on or for the members to carry iton in partnership;

(4) By the death of any partner;

(5) By the bankruptcy of any partner or the partnership;

(6) By decree of court under section 358.320.

(L. 1949 p. 506 § 31)

(1972) As used in partnership contract "dissolved by agreement of the partners" did not mean agreement by less than all of the partners and where partners other than plaintiff decided to dissolve partnership and offered only the sum due under agreement clause inapplicable to circumstances of dissolution, plaintiff was entitled to prejudgment interest beginning on date of dissolution to date of judgment. Haynes v. Allen (A.), 482 S.W.2d 85.