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15 chapters · 1,472 sections in this title.
KRS § 362.340 Rights where partnership is dissolved for fraud or misrepresentation
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Where a partnership contract is rescinded on the ground of the fraud or misrepresentation of one (1) of the parties thereto, the party entitled to rescind is, without prejudice to any other right, entitled: (1) To a lien on, or right of retention of, the surplus of the partnershi…
KRS § 362.345 Rules for distribution
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In settling accounts between the partners after dissolution, the following rules shall be observed, subject to any agreement to the contrary: (1) The assets of the partnership are: (a) The partnership property, (b) The contributions of the partners specified in subsection (4) of …
KRS § 362.350 Liability of persons continuing the business in certain cases
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(1) When any new partner is admitted into an existing partnership, or when any partner retires and assigns (or the representative of the deceased partner assigns) his rights in partnership property to two (2) or more of the partners, or to one (1) or more of the partners and one …
KRS § 362.355 Rights of retiring or estate of deceased partner when the business is continued
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continued. When any partner retires or dies, and the business is continued under any of the conditions set forth in subsections (1), (2), (3), (5), and (6) of KRS 362.350 or paragraph (b) of subsection (2) of KRS 362.335, without any settlement of accounts as between him or his e…