Can You Dissolve A Partnership On California If One Partner Does Not Want To
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Description partnership with partner agreement
Partnerships may be dissolved by acts of the partners, order of a Court, or by operation of law. From the moment of dissolution, the partners lose their authority to act for the firm except as necessary to wind up the partnership affairs or complete transactions which have begun, but not yet been finished.
A partner has the power to withdraw from the partnership at any time. However, if the withdrawal violates the partnership agreement, the withdrawing partner becomes liable to the co-partners for any damages for breach of contract. If the partnership relationship is for no definite time, a partner may withdraw without liability at any time.
- View Partnership Dissolution Agreement
- View Short Form Agreement to Dissolve and Wind up Partnership
- View Agreement to Dissolve and Wind up Partnership with Sale to Partner by Retiring Partner
- View Agreement to Partners to Incorporate Partnership
- View Agreement to Incorporate as an S Corp and as Small Business Corporation with Qualification for Section 1244 Stock
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