§ 9A–603
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 9A-603 (2026)
Title 9A. Maryland Revised Uniform Partnership Act
Subtitle 6. Partner's Dissociation
§ 9A–603LinkCopy Citation
(a)
If a partner’s dissociation results in a dissolution and winding up of the partnership business, Subtitle 8 of this title applies; otherwise, Subtitle 7 of this title applies.
(b)
Upon a partner’s dissociation:
(1)
The partner’s right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 9A–803 of this title;
(2)
The partner’s duty of loyalty under § 9A–404(b)(3) of this title terminates; and
(3)
The partner’s duty of loyalty under § 9A–404(b)(1) and (2) of this title and duty of care under § 9A–404(c) of this title continue only with regard to matters arising and events occurring before the partner’s dissociation, unless the partner participates in winding up the partnership’s business pursuant to § 9A–803 of this title.