Wyoming Statutes

Wyo. Stat. § 17-21-603 (2026)

Effect of partner's dissociation.

✓ current as of May 2026

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(a) A dissociated partner's interest in the partnership
shall be purchased pursuant to article 7 of this chapter unless
the partner's dissociation results in a dissolution and winding
up of the partnership business under article 8 of this chapter.

     (b) Upon a partner's dissociation, that partner's right to
participate in the management and conduct of the partnership
business is terminated, except as provided in W.S. 17-21-804,
and that partner's duties under:

          (i) W.S. 17-21-404(b)(i) and (ii) and (d) continue
only with regard to matters or events that occurred before the
dissociation; and

         (ii)    W.S. 17-21-404(b)(iii) terminate.

Notes of Decisions

Cited in 2 cases, 2004–2006 · leading case: Lieberman v. Wyoming. Com LLC, 2004 WY 1 (Wyo. 2004).

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Lieberman v. Wyoming. Com LLC, 2004 WY 1 (Wyo. 2004). · cites it 4× “See Wyo. Stat. Ann. §§ 17-21-603 (a), 17-21-701(a), (b).”

Warnick v. Warnick, 2006 WY 58 (Wyo. 2006). · cites it 2× “Calculation of the buyout price [¶ 10] The district court was charged with calculating the amount owed to Randall Warnick pursuant to the applicable provisions of RUPA, Wyo. Stat. Ann. § 17-21-603 (a) (LexisNexis 2003) and Wyo.”

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