Effect of partner’s dissociation.
D.C. Code § 29-606.03
in effect29-606.03. Effect of partner’s dissociation.
(a)
If a partner’s dissociation results in a dissolution and winding up of the partnership business, subchapter VIII of this chapter shall apply; otherwise, subchapter VII of this chapter applies.
(b)
Upon a partner’s dissociation:
(1)
The partner’s right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 29-608.03;
(2)
The partner’s duty of loyalty under § 29-604.04(b)(3) terminates; and
(3)
The partner’s duty of loyalty under § 29-604.04(b)(1) and (2) and duty of care under § 29-604.04(c) 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 § 29-608.03.
(c)
A person’s dissociation alone does not discharge the person from a debt, obligation, or other liability to the partnership or to the other partners which the person incurred while a partner.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(f)(6)(B), 59 DCR 13171.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/29-606.03Fetched: 10/21/2026