NC General Statutes

N.C. Gen. Stat. § 59-67 (2026)

Right to wind up

✓ current as of July 2026
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Unless otherwise agreed the partners who have not wrongfully dissolved the partnership or the legal representative of the last surviving partner, not bankrupt, has the right to wind up the partnership affairs; provided, however, that any partner, his legal representative or his assignee, upon cause shown, may obtain winding up by the court. (1941, c. 374, s. 37.)

 

Notes of Decisions
Cited in 5 cases (3 in the last 5 years), 1955–2023 · leading case: Ewing v. Caldwell, 89 S.E.2d 774 (N.C. 1955).
Ewing v. Caldwell, 89 S.E.2d 774 (N.C. 1955). “” G.S. 59-67. “The right to an account of his interest shall accrue to any partner, or his legal representative, as against the winding up partners or the surviving partners or the person or partnership continuing the business, at the date of dissolution, in the absence of any…”
Morris Int'l, Inc. v. Packer, 2021 NCBC 13 (N.C. Bus. Ct. 2021). · cites it 3× “) Packer Defendants contend that the dissolution triggered Plaintiff’s right to seek a winding up and accounting of its interests in the Joint Venture under N.C.G.S. §§ 59-67 and 59-73, and that following dissolution “PA&K did not owe any obligation to the Joint Venture other…”
Nallapati v. Justh Holdings LLC (E.D.N.C. 2023). · cites it 2× “See N.C. Gen. Stat. § 59-67 . The partners with the right to wind up the partnership affairs may, “upon cause shown,” obtain winding up by the court.”
Hardin v. Lewis, 2016 NCBC 55 (N.C. Bus. Ct. 2016). · cites it 2× “In her first claim, Plaintiff also requests a declaration regarding the parties respective rights on the winding up of the Firm as provided for in G.S. § 59-67. A winding up is distinct from a dissolution of the partnership.”
Norment v. Rabon, 2022 NCBC 32 (N.C. Bus. Ct. 2022). “24; § 57D-6-02; § 57D-6-04; § 59-62; § 59-67 (2021). 58. For these reasons, Defendants’ Motion for Summary Judgment based on lack of standing is GRANTED as to Norment’s claims for breach of fiduciary duty and constructive fraud regarding Cavalier and Advantage.”
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