If a partnership for a definite term or particular undertaking is continued, without an express agreement, after the expiration of the term or completion of the undertaking, the rights and duties of the partners remain the same as they were at the expiration or completion, so far as is consistent with a partnership at will.
If the partners, or those of them who habitually acted in the business during the term or undertaking, continue the business without any settlement or liquidation of the partnership, they are presumed to have agreed that the partnership will continue.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 13 - Uniform Partnership Act (1997)
Article 4 - Relations of Partners to Each Other and to Partnership
§ 79-13-401. Partner's rights and duties
§ 79-13-402. Distributions in kind
§ 79-13-403. Partner's rights and duties with respect to information
§ 79-13-404. General standards of partner's conduct
§ 79-13-405. Actions by partnership and partners
§ 79-13-406. Continuation of partnership beyond definite term or particular undertaking