Acts and Regulations

P-4 - Partnership Act

Full text
Retirement of partner
27(1)Where no fixed term has been agreed upon for the duration of the partnership, any partner may determine the partnership at any time on giving notice of his intention so to do to all the other partners.
27(2)Where the partnership was originally constituted by deed, a notice in writing, signed by the partner giving it, is sufficient for the purpose of subsection (1).
R.S., c.167, s.27