Dissociation of a general partnership

Dissociation is a change in the relationship of the partners caused by any partner ceasing to be associated in the carrying on of the business. Dissociation of a partner does not necessarily cause a dissolution and winding up of the business of the partnership.

Events of dissociation
a. The partner notifies the partnership that he or she wants to withdraw.
b. An event occurs that was set out in the partnership agreement as an event that would cause a dissociation.
c. The partner is expelled from the partnership by unanimous vote or as provided in the partnership agreement or by judicial decree.
d. The partner becomes a debtor in bankruptcy or the like.
e. The partner dies.