Effective - 28 Aug 1983
358.320. Dissolution by decree of court. — 1. On application by or for a partner the court shall decree a dissolution whenever:
(1) A partner is shown to be mentally incapacitated;
(2) A partner becomes in any other way incapable of performing his part of the partnership contract;
(3) A partner has been guilty of such conduct as tends to affect prejudicially the carrying on of the business;
(4) A partner willfully or persistently commits a breach of the partnership agreement, or otherwise so conducts himself in matters relating to the partnership business that it is not reasonably practicable to carry on the business in partnership with him;
(5) The business of the partnership can only be carried on at a loss;
(6) Other circumstances render a dissolution equitable.
2. On the application of the purchaser of a partner's interest under sections 358.270 and 358.280:
(1) After the termination of the specified term or particular undertaking;
(2) At any time if the partnership was a partnership at will when the interest was assigned or when the charging order was issued.
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(L. 1949 p. 506 § 32, A.L. 1983 S.B. 44 & 45)
Structure Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 358 - Uniform Partnership Law
Section 358.010 - Name of law.
Section 358.020 - Definitions.
Section 358.030 - Interpretation of knowledge and notice.
Section 358.040 - Rules of construction.
Section 358.050 - Rules for cases not provided for in this law.
Section 358.060 - Partnership defined.
Section 358.065 - Partnerships to register fictitious names, procedure.
Section 358.070 - Rules for determining the existence of a partnership.
Section 358.080 - Partnership property.
Section 358.090 - Partner agent of partnership as to partnership business.
Section 358.100 - Conveyance of real property of the partnership.
Section 358.110 - Partnership bound by admission of partner.
Section 358.120 - Partnership charged with knowledge of or notice to partner.
Section 358.130 - Partnership bound by partner's wrongful act.
Section 358.140 - Partnership bound by partner's breach of trust.
Section 358.150 - Nature of partner's liability.
Section 358.160 - Partner by estoppel.
Section 358.170 - Liability of incoming partner.
Section 358.180 - Rules determining rights and duties of partners.
Section 358.190 - Partnership books.
Section 358.200 - Duty of partners to render information.
Section 358.210 - Partner accountable as a fiduciary.
Section 358.220 - Right to an account.
Section 358.230 - Continuation of partnership beyond fixed term.
Section 358.240 - Extent of property rights of a partner.
Section 358.250 - Nature of a partner's right in specific partnership property.
Section 358.260 - Nature of partner's interest in the partnership.
Section 358.270 - Assignment of partner's interest.
Section 358.280 - Partner's interest subject to charging order.
Section 358.290 - Dissolution defined.
Section 358.300 - Partnership not terminated by dissolution.
Section 358.310 - Causes of dissolution.
Section 358.320 - Dissolution by decree of court.
Section 358.330 - General effect of dissolution on authority of partner.
Section 358.340 - Right of partner to contribution from copartners after dissolution.
Section 358.350 - Power of partner to bind partnership to third persons after dissolution.
Section 358.360 - Effect of dissolution of partner's existing liability.
Section 358.370 - Right to wind up.
Section 358.371 - Disposal of claims, notice of dissolution.
Section 358.380 - Rights of partners to application of partnership property.
Section 358.390 - Rights where partnership is dissolved for fraud or misrepresentation.
Section 358.400 - Rules for distribution.
Section 358.410 - Liability of persons continuing the business in certain cases.
Section 358.420 - Rights of retiring or estate of deceased partner when the business is continued.
Section 358.430 - Accrual of actions.
Section 358.520 - Merger or consolidation of a domestic general partnership, authorization.