{"data":{"id":"us-nc/n.c.-gen.-stat.-59-61","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 59-61","heading":"Causes of dissolution.","body":"Dissolution is caused:\n(1)\tWithout violation of the agreement between the partners,\na.\tBy the termination of the definite term or particular undertaking specified in the agreement,\nb.\tBy the express will of any partner when no definite term or particular undertaking is specified,\nc.\tBy the express will of all partners who have not assigned their interests or suffered them to be charged for their separate debts, either before or after the termination of any specific term or particular undertaking,\nd.\tBy the expulsion of any partner from the business bona fide in accordance with such a power conferred by the agreement between the partners;\n(2)\tIn contravention of the agreement between the partners, where the circumstances do not permit a dissolution under any other provision of this section, by the express will of any partner at any time;\n(3)\tBy any event which makes it unlawful for the business of the partnership to be carried on or for the members to carry it on in partnership;\n(4)\tBy the death of any partner, unless the partnership agreement provides otherwise;\n(5)\tBy the bankruptcy of any partner or the partnership;\n(6)\tBy decree of court under G.S. 59-62. (1941, c. 374, s. 31; 1943, c. 384.)","path":["Chapter 59. Partnership.","Article 2. Uniform Partnership Act.","Part 6. Dissolution and Winding Up."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_59/GS_59-61.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:07:02Z","sha256":"241ad41d818fb1bff974fbcd14cd4c5520764613fb608c31c0b42c315813726c","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-59-60","next":"us-nc/n.c.-gen.-stat.-59-62"},"notice":"GroundRules: Original legal text. Not legal advice."}