48-1-28 - Causes of dissolution. - Utah Statutes

48-1-28. Causes of dissolution.
Dissolution is caused:
(1) Without violation of the agreement between the partners:
(a) By the termination of the definite term or particular undertaking specified in theagreement.
(b) By the express will of any partner when no definite term or particular undertaking isspecified.
(c) By the express will of all the partners who have not assigned their interests, orsuffered them to be charged for their separate debts, either before or after the termination of anyspecified term or particular undertaking.
(d) By the expulsion of any partner from the business bona fide in accordance with such apower conferred by the agreement between the partners.
(2) In contravention of the agreement between the partners, where the circumstances donot permit a dissolution under any other provision of this section, by the express will of anypartner at any time.
(3) By any event which makes it unlawful for the business of the partnership to be carriedon or for the members to carry it on 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 48-1-29.

No Change Since 1953