Florida Statutes
Fla. Stat. § 620.8603 (2025)
Effect of partner’s dissociation.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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620.8603 Effect of partner’s dissociation.—
(1) If a partner’s dissociation results in a dissolution and winding up of the partnership business, ss. 620.8801-620.8807 apply; otherwise, ss. 620.8701-620.8705 apply.
(2) Upon a partner’s dissociation:
(a) The partner’s right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in s. 620.8803;
(b) The partner’s duty of loyalty under s. 620.8404(2)(c) terminates; and
(c) The partner’s duty of loyalty under s. 620.8404(2)(a) and (b) and duty of care under s. 620.8404(3) 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 s. 620.8803.
Notes of Decisions
Cited in 1
case, 2013–2013 · leading case: Buckley Towers Condo., Inc. v. Katzman Garfinkel Rosenbaum, LLP, 519 F. App'x 657 (11th Cir. 2013).
Buckley Towers Condo., Inc. v. Katzman Garfinkel Rosenbaum, LLP, 519 F. App'x 657 (11th Cir. 2013). “” Fla. Stat. § 620.8603 (2)(c). 6 While the adoption of RUPA made significant changes to the partnership law of Florida, we do not see that these changes detract from the premises of Frates .”
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