§ 620.8603, Fla. Stat. · Part II. REVISED UNIFORMPARTNERSHIP ACT
Effect of partner’s dissociation.
Text — 2026 Florida Statutes
(1) If a partner’s dissociation results in a dissolution and winding up of the partnership business, ss. 620.8801-620.8807 apply; otherwise, ss. 620.8701-620.8705 apply.
(2) Upon a partner’s dissociation:
(a) The partner’s right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in s. 620.8803;
(b) The partner’s duty of loyalty under s. 620.8404(2)(c) terminates; and
(c) The partner’s duty of loyalty under s. 620.8404(2)(a) and (b) and duty of care under s. 620.8404(3) 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 s. 620.8803.
Notes and commentary — not statutory text
History
s. 13, ch. 95-242.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0620/0620.html
- Text hash
- sha256 d38a0d7f0bf7d8609776f7328474be6d4d4e4d476a931fed6b1848ee09b8381e
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- § 620.8404, Fla. Stat.General standards of partner’s conduct.Printed as s. 620.8404(2)(a); s. 620.8404(2)(c); s. 620.8404(3)
- § 620.8701, Fla. Stat.Purchase of dissociated partner’s interest.Printed as ss. 620.8701-620.8705
- § 620.8705, Fla. Stat.Continued use of partnership name.Printed as ss. 620.8701-620.8705
- § 620.8801, Fla. Stat.Events causing dissolution and winding up of partnership business.Printed as ss. 620.8801-620.8807
Cited by 1 provision
Provisions in this library whose text cites § 620.8603, Fla. Stat.. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.