Montana Code Annotated
Part 6. Dissolution and Winding Up
35-10-617. Partner's wrongful dissociation

35-10-617. Partner's wrongful dissociation. (1) A partner's dissociation is wrongful only if:
(a) it is in breach of an express provision of the partnership agreement; or
(b) in the case of a partnership for a definite term or particular undertaking, before the expiration of the term or the completion of the undertaking:
(i) the partner withdraws by express will, unless the withdrawal follows the dissociation of another partner and results in a right to dissolve the partnership under 35-10-624(2)(a);
(ii) the partner is expelled by judicial decree under 35-10-616(5); or
(iii) a partner, who is not an individual, a trust other than a business trust, or an estate, is expelled or otherwise dissociated because the entity willfully dissolved or terminated.
(2) A partner who wrongfully dissociates is liable to the partnership and to the other partners for damages caused by the dissociation. That liability is in addition to any other liability of the partner to the partnership or to the other partners.
History: En. Sec. 37, Ch. 238, L. 1993.

Structure Montana Code Annotated

Montana Code Annotated

Title 35. Corporations, Partnerships, and Associations

Chapter 10. Partnerships in General

Part 6. Dissolution and Winding Up

35-10-601. Repealed

35-10-602. Partnership continues after dissolution

35-10-603. Repealed

35-10-604. Repealed

35-10-605. Repealed

35-10-606. Repealed

35-10-607. Repealed

35-10-608. Repealed

35-10-609. Right to wind up partnership business

35-10-610. Repealed

35-10-611. Repealed

35-10-612. Repealed

35-10-613. Repealed

35-10-614. Repealed

35-10-615. Repealed

35-10-616. Events causing partner's dissociation

35-10-617. Partner's wrongful dissociation

35-10-618. Effect of partner's dissociation

35-10-619. Purchase of dissociated partner's interest

35-10-620. Dissociated partner's power to bind partnership -- liability to partnership

35-10-621. Dissociated partner's liability to other persons

35-10-622. Statement of dissociation -- filing

35-10-623. Continued use of partnership name

35-10-624. Events causing dissolution and winding up of partnership business

35-10-625. Dissolution deferred 90 days

35-10-626. Partner's power to bind partnership after dissolution

35-10-627. Statement of dissolution

35-10-628. Partner's liability to other partners after dissolution

35-10-629. Settlement of accounts among partners

35-10-630. through 35-10-634 reserved

35-10-635. Conversion of partnership to limited partnership

35-10-636. Conversion of limited partnership to partnership

35-10-637. Effect of conversion -- entity unchanged

35-10-638. through 35-10-640 reserved

35-10-641. Merger of partnerships

35-10-642. Effect of merger

35-10-643. Statement of merger

35-10-644. Nonexclusive