Acts and Regulations

P-4 - Partnership Act

Full text
Dissolution by death or bankruptcy, dissolution on charging of partner’s interest
34(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.
34(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.
R.S., c.167, s.34