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.
EFFECT OF RETIREMENT, DEATH, OR INSANITY OF A GENERAL PARTNER.
(7372) 1919 c 498 s 20
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.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.