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2006 Nebraska Revised Statutes - § 67-329 — Dissolution, defined.

Section 67-329
Dissolution, defined.

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.


Source:
    Laws 1943, c. 143, § 29, p. 496

    Termination date January 1, 2001

Annotations:
    There is a distinction between dissolution of partnership and the winding up of its affairs. Essay v. Essay, 175 Neb. 689, 123 N.W.2d 20 (1963).



~Reissue Revised Statutes of Nebraska

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