Section 322.20 Effect of Retirement, Death, or Insanity of a General Partner
322.20 EFFECT OF RETIREMENT, DEATH, OR INSANITY OF A GENERAL PARTNER.
The retirement, death, or insanity of a general partner dissolves the partnership, unless the business is continued by the remaining general partners:
(1) under a right so to do stated in the certificate; or
(2) with the consent of all members.
History:
(7372) 1919 c 498 s 20