56a-602. Partner's power to dissociate; wrongful dissociation.
56a-602
56a-602. Partner's power to dissociate; wrongfuldissociation.(a) A partner has the power to dissociate at anytime, rightfully or wrongfully, by express will pursuant to subsection (a) ofK.S.A. 56a-601.
(b) A partner's dissociation is wrongful only if:
(1) It is in breach of an express provision of thepartnership agreement; or
(2) in the case of a partnership for a definite termor particular undertaking, before the expiration of the term or thecompletion of the undertaking:
(i) The partner withdraws by express will,unless the withdrawal follows within 90 days after anotherpartner's dissociation by death or otherwise under subsection (f) through (j)of K.S.A. 56a-601or wrongful dissociation under this subsection;
(ii) the partner is expelled by judicialdetermination under subsection (e) of K.S.A. 56a-601;
(iii) the partner is dissociated by becoming adebtor in bankruptcy; or
(iv) in the case of a partner who is not anindividual, trust other than a business trust, or estate, thepartner is expelled or otherwise dissociated because it willfullydissolved or terminated.
(c) A partner who wrongfully dissociates is liable tothe partnership and to the other partners for damages caused by thedissociation. The liability is in addition to any other obligationof the partner to the partnership or to the other partners.
History: L. 1998, ch. 93, § 31; Jan. 1, 1999.