NC General Statutes

N.C. Gen. Stat. § 59-802 (2026)

Judicial dissolution

✓ current as of July 2026

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On application by or for a partner the court may decree dissolution of a limited partnership whenever it is not reasonably practicable to carry on the business in conformity with the partnership agreement. The limited partnership's name becomes available for use by another entity as provided in 55D-21. (1985 (Reg. Sess., 1986), c. 989, s. 2; 2001-358, s. 36; 2001-387, ss. 173, 175(a); 2001-413, s. 6.)

Notes of Decisions

Cited in 1 case, 2018–2018 · leading case: Carter v. Lail, 2018 NCBC 47 (N.C. Bus. Ct. 2018).

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Carter v. Lail, 2018 NCBC 47 (N.C. Bus. Ct. 2018). · cites it 2× “Defendants contend that a receiver is needed primarily because Gary, David, and Rebecca are unable to cooperate in the process of winding-up the affairs 2 Accordingly, there is no need for an order of judicial dissolution pursuant to G.”

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