{"data":{"id":"us-md/md.-code-corporations-and-associations-9a-801","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 9A–801","heading":"","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 § 9A-601(2) through (10) of this title, of that partner’s express will to withdraw as a partner, or on a later date specified by the partner;\n(2) In a partnership for a definite term or particular undertaking:\n(i) The expiration of 90 days after a partner’s dissociation by death or otherwise under § 9A-601(6) through (10) of this title or wrongful dissociation under § 9A-602(b) of this title, unless before that time a majority in interest of the remaining partners, including partners who have rightfully dissociated pursuant to § 9A-602(b)(2)(i) of this title, agree to continue the partnership;\n(ii) The express will of all of the partners to wind up the partnership business; or\n(iii) 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 that makes it unlawful for all or substantially all of the business of the partnership to be continued, but a cure of 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(i) The economic purpose of the partnership is likely to be unreasonably frustrated;\n(ii) 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 that partner; or\n(iii) 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(i) 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(ii) 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.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=9A-801","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"317ccc09bf949fc035ae488826d462271fbf0dd29e76bcd92e7bbced925faf3e","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-9a-705","next":"us-md/md.-code-corporations-and-associations-9a-802"},"notice":"GroundRules: Original legal text. Not legal advice."}