The dissolution of a partnership is the change in the relation of the partners caused by any partner ceasing to be associated in the carrying on as distinguished from the winding up of the business.
N.C. Gen. Stat. § 59-59
Dissolution defined
Known as the North Carolina Uniform Partnership Act
The act spans §§ 59–59 (46 sections).
Applied in 2 court decisions — leading case Simmons v. Quick-Stop Food Mart, Inc. (1982)
Most recently applied in Hardin v. Lewis (July 2016)
1941, c. 374, s. 29.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.