Page 437 - Important Provisions of The New Civil Code

Article 1829. On dissolution the partnership is

not terminated, but continues until the winding

up of partnership affairs is completed. (n)

Article 1830. Dissolution is caused:

(1) Without violation of the agreement

between the partners:

(a) By the termination of the definite term

or particular undertaking specified in the

agreement;

(b) By the express will of any partner, who

must act in good faith, when no definite

term or particular is specified;

(c) By the express will of all the partners

who have not assigned their interests or

suffered them to be charged for their

separate debts, either before or after the

termination of any specified term or

particular undertaking;