Title 45 — Partnerships
25 chapters · 216 sections in this title.
N.D.C.C. § 45-19-01 (701) Purchase of dissociated partner's interest
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1. If a partner is dissociated from a partnership without resulting in a dissolution and winding up of the partnership business under section 45-20-01, the partnership shall cause the dissociated partner's interest in the partnership to be purchased for a buyout price determined …
N.D.C.C. § 45-19-02 (702) Dissociated partner's power to bind and liability to partnership
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1. For two years after a partner dissociates without resulting in a dissolution and winding up of the partnership business, the partnership, including a surviving partnership under chapter 45-21, is bound by an act of the dissociated partner which would have bound the partnership…
N.D.C.C. § 45-19-03 (703) Dissociated partner's liability to other persons
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1. A partner's dissociation does not of itself discharge the partner's liability for a partnership obligation incurred before dissociation. A dissociated partner is not liable for a partnership obligation incurred after dissociation, except as otherwise provided in subsection 2. …
N.D.C.C. § 45-19-04 (704) Statement of dissociation
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1. A dissociated partner or the partnership may file with the secretary of state, along with the fees provided in section 45-13-05, a statement of dissociation stating the name of the partnership and that the partner is dissociated from the partnership. 2. A statement of dissocia…
N.D.C.C. § 45-19-05 (705) Continued use of partnership name
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Continued use of a partnership name, or a dissociated partner's name as part thereof, by partners continuing the business does not of itself make the dissociated partner liable for an obligation of the partners or the partnership continuing the business.