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<section article="gca" article_name="Corporations and Associations" number="9A-802" title_number="9A" title_name="Maryland Revised Uniform Partnership Act" subtitle_number="8" subtitle_name="Winding Up Partnership Business">
  <level label="a">
    <text>Subject to subsection (b) of this section, a partnership continues after dissolution only for the purpose of winding up its business. The partnership is terminated when the winding up of its business is completed.</text>
  </level>
  <level label="b">
    <text>At any time after the dissolution of a partnership and before the winding up of its business is completed, all of the partners, including any dissociating partner other than a wrongfully dissociating partner, may waive the right to have the partnership’s business wound up and the partnership terminated. In that event:</text>
    <level label="1">
      <text>The partnership resumes carrying on its business as if dissolution had never occurred, and any liability incurred by the partnership or a partner after the dissolution and before the waiver is determined as if dissolution had never occurred; and</text>
    </level>
    <level label="2">
      <text>The rights of a third party accruing under § 9A-804(1) of this subtitle or arising out of conduct in reliance on the dissolution before the third party knew or received a notification of the waiver may not be adversely affected.</text>
    </level>
  </level>
</section>
