{"data":{"id":"us-ms/miss.-code-ann.-79-13-801","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 79-13-801","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 Section 79-13-601(2) through (10), 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) Within ninety (90) days after a partner’s dissociation by death or otherwise under Section 79-13-601(6) through (10) or wrongful dissociation under Section 79-13-602(b), 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 Section 79-13-602(b)(2)(i) constitutes the expression of that partner’s will to wind up the partnership business;\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 ninety (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":["Title 79. Corporations, Associations, and Partnerships","Chapter 13. Uniform Partnership Act (1997)","Article 8. Winding Up Partnership Business."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.79.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:23Z","sha256":"593630fa48c790be070ba1792bcaf9b7a5a12ab4a764d869c13afca9b3e2c0a0","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-79-13-705","next":"us-ms/miss.-code-ann.-79-13-802","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}