Vermont § 3236 - Continuation of partnership beyond definite term or particular undertaking
Full text of Vermont Vermont Statutes Online § 3236 — Continuation of partnership beyond definite term or particular undertaking, with citation guidance and answers to common questions.
§ 3236. Continuation of partnership beyond definite term or particular undertaking
- (a) If a partnership for a definite term or particular undertaking is continued, without
an express agreement, after the expiration of the term or completion of the undertaking,
the rights and duties of the partners remain the same as they were at the expiration
or completion, so far as is consistent with a partnership at will. (b) If the partners, or those of them who habitually acted in the business during the
term or undertaking, continue the business without any settlement or liquidation of
the partnership, they are presumed to have agreed that the partnership will continue. (Added 1997, No. 149 (Adj. Sess.), § 1, eff. Jan. 1, 1999.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3236
What does Vermont Statutes Online § 3236 cover?
Section 3236 ("Continuation of partnership beyond definite term or particular undertaking") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 3236?
A common citation format is "Vermont Statutes Online § 3236" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3236 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.