South Carolina § 33-41-560 - Continuation of partnership beyond fixed term or particular undertaking.
Full text of South Carolina South Carolina Code of Laws § 33-41-560 — Continuation of partnership beyond fixed term or particular undertaking., with citation guidance and answers to common questions.
§ 33-41-560. Continuation of partnership beyond fixed term or particular undertaking.
(1) When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement the rights and duties of the partners remain the same as they were at such termination, so far as is consistent with a partnership at will.
(2) A continuation of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is prima facie evidence of a continuation of the partnership.
HISTORY: 1962 Code SECTION 52-46; 1952 Code SECTION 52-46; 1950 (46) 1841.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 33-41-560
What does South Carolina Code of Laws § 33-41-560 cover?
Section 33-41-560 ("Continuation of partnership beyond fixed term or particular undertaking.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 33-41-560?
A common citation format is "South Carolina Code of Laws § 33-41-560" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 33-41-560 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.