¹620.715  Dissolution by decree of court.--The court shall adjudge a dissolution:

(1)  On application by or for a partner when:

(a)  A partner has been adjudicated mentally incompetent or is shown to be of unsound mind. For the purpose of this paragraph, a "mentally incompetent person" is one who because of mental illness, mental retardation, senility, excessive use of drugs or alcohol, or other mental incapacity, is incapable of either managing her or his property or caring for herself or himself, or both.

(b)  A partner becomes in any other way incapable of performing her or his part of the partnership contract.

(c)  A partner has been guilty of conduct that tends to affect prejudicially the carrying on of the business.

(d)  A partner willfully or persistently commits a breach of the partnership agreement, or otherwise so conducts herself or himself in matters relating to the partnership business that it is not reasonably practicable to carry on the business in partnership with her or him.

(e)  The business of the partnership can only be carried on at a loss.

(f)  Any ground under s. 620.71 is found to exist.

(2)  On the application of the purchaser of a partner's interest under ss. 620.69 and 620.695:

(a)  After the termination of the specified term or particular undertaking.

(b)  At any time if the partnership was a partnership at will when the interest was assigned or when the charging order was issued.

History.--s. 32, ch. 72-108; s. 3, ch. 88-33; s. 25, ch. 95-242; s. 157, ch. 97-102.