N.Y. Partnership Law § 45: Continuation of partnership beyond fixed term

§ 45. Continuation of partnership beyond fixed term. 1. When a

partnership for a fixed term or particular undertaking is continued

after the termination of such term or particular undertaking without any

express agreement, the rights and duties of the partners remain the same

as they were at such termination, so far as is consistent with a

partnership at will.

2. A continuation of the business by the partners or such of them as

habitually acted therein during the term, without any settlement or

liquidation of the partnership affairs, is prima facie evidence of a

continuation of the partnership.