{"data":{"id":"us-fl/fla.-stat.-620.8801","jurisdiction":"us-fl","citation":"Fla. Stat. § 620.8801","heading":"Events causing dissolution and winding up of partnership business.","body":"A partnership is dissolved, and its business must be wound up, only upon the occurrence of any of the following events:\n(1) In a partnership at will, the partnership’s having notice from a partner, other than a partner who is dissociated under s. 620.8601(2)-(10), of such partner’s express will to withdraw as a partner, or withdraw on a later date specified by the partner;\n(2) In a partnership for a definite term or particular undertaking:\n(a) Within 90 days after a partner’s dissociation by death or otherwise under s. 620.8601(6)-(10) or wrongful dissociation under s. 620.8602(2), the express will of at least half of the remaining partners to wind up the partnership business, for which purpose a partner’s rightful dissociation pursuant to s. 620.8602(2)(b)1. constitutes the expression of that partner’s will to wind up the partnership business;\n(b) The express will of all of the partners to wind up the partnership’s business; or\n(c) The expiration of the term or the completion of the undertaking;\n(3) An event agreed to in the partnership agreement resulting in the winding up of the partnership business;\n(4) An event which makes it unlawful for all or substantially all of the business of the partnership to be continued, provided, a cure of the illegality, within 90 days after notice to the partnership of the event, is effective retroactively to the date of the event for purposes of this section;\n(5) On application by a partner, a judicial determination that:\n(a) The economic purpose of the partnership is likely to be unreasonably frustrated;\n(b) Another partner has engaged in conduct relating to the partnership business which makes it not reasonably practicable to carry on the business in partnership with such partner; or\n(c) It is not otherwise reasonably practicable to carry on the partnership business in conformity with the partnership agreement; or\n(6) On application by a transferee of a partner’s transferable interest, a judicial determination that it is equitable to wind up the partnership business:\n(a) After the expiration of the term or completion of the undertaking, if the partnership was for a definite term or particular undertaking at the time of the transfer or entry of the charging order that gave rise to the transfer; or\n(b) At any time, if the partnership was a partnership at will at the time of the transfer or entry of the charging order that gave rise to the transfer.\nHistory.—s. 13, ch. 95-242; s. 15, ch. 99-285.","path":["CHAPTER 620 PARTNERSHIP LAWS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0620/0620.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:35Z","sha256":"20c000cbba257a73d1096b7db8241ab33e5c2b5c4898ea5ab1488c6cddc92fa9","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-620.8705","next":"us-fl/fla.-stat.-620.8802"},"notice":"GroundRules: Original legal text. Not legal advice."}
