Quick Links
- Florida Statutes Definitions Index (2022) [PDF]
- General Laws Conversion Table (2022) [PDF]
- Preface to the Florida Statutes (2022) [PDF]
- Table of Section Changes (2022) [PDF]
- Table Tracing Session Laws to Florida Statutes (2022) [PDF]
- Index to Special and Local Laws (1971-2022) [PDF]
- Index to Special and Local Laws (1845-1970) [PDF]
- Statute Search Tips
2018 Florida Statutes
SECTION 8406
Continuation of partnership beyond definite term or particular undertaking.
Continuation of partnership beyond definite term or particular undertaking.
620.8406 Continuation of partnership beyond definite term or particular undertaking.—
(1) If a partnership for a definite term or particular undertaking is continued, without an express agreement, after the expiration of the term or completion of the undertaking, the rights and duties of the partners remain the same as they were at the expiration or completion, so far as is consistent with a partnership at will.
(2) If the partners, or those of them who habitually acted in the business during the term or undertaking, continue the business without any settlement or liquidation of the partnership, they are presumed to have agreed that the partnership will continue.
History.—s. 13, ch. 95-242.