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the Wyoming Statutes
2012 Wyoming Statutes
TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
CHAPTER 21 - UNIFORM PARTNERSHIP ACT
17-21-603. Effect of partner's dissociation.
Universal Citation:
WY Stat § 17-21-603 (through 2012)
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on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
(a) A dissociated partner's interest in the partnership shall be purchased pursuant to article 7 of this chapter unless the partner's dissociation results in a dissolution and winding up of the partnership business under article 8 of this chapter.
(b) Upon a partner's dissociation, that partner's right to participate in the management and conduct of the partnership business is terminated, except as provided in W.S. 17-21-804, and that partner's duties under:
(i) W.S. 17-21-404(b)(i) and (ii) and (d) continue only with regard to matters or events that occurred before the dissociation; and
(ii) W.S. 17-21-404(b)(iii) terminate.
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