Victorian Consolidated Legislation

Partnership Act 1958 - SECT 37

Dissolution by death or bankruptcy or charge2

37. Dissolution by death or bankruptcy or charge2



(1) Subject to any agreement between the partners every partnership is
dissolved as regards all the partners by the death or bankruptcy of any
partner.

(2) A partnership may at the option of the other partners be dissolved if any
partner suffers his share of the partnership property to be charged under this
Act for his separate debt.