{"data":{"id":"us-pa/15-pa.c.s.-8703","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 8703","heading":"Continuity of life.","body":"An electing partnership shall not be dissolved by the death, dissolution, insanity, retirement, resignation or expulsion of a partner or by the bankruptcy of a partner or the partnership. Changes in the composition of the partnership shall be evidenced by the prompt filing of a statement of amendment under section 8701(a) (relating to application of chapter). If fewer than two partners who are not bankrupt or insane remain, the court shall appoint a custodian of the partnership property for the purpose of continuing its business or, upon cause shown, winding up its affairs.","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART III PARTNERSHIPS AND LIMITED LIABILITY COMPANIES","CHAPTER 87 ELECTING PARTNERSHIPS"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=87\u0026sctn=3\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"ed3956dde2cad9220f2e29666171027d5ea57bd88a969803b40b645fc0caecc5","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-8702","next":"us-pa/15-pa.c.s.-8704"},"notice":"GroundRules: Original legal text. Not legal advice."}