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HRS §425-140

Who can wrap up a partnership after it ends

After a partnership ends, a partner who did not cause the ending can help close it down. A court can supervise if asked. The last surviving partner's representative can also do this. The person closing can keep the business running briefly, handle lawsuits, pay debts, and give out assets.

courtspersonal representatives

The statute, as written — Right to wind up partnership business

(a) After dissolution, a partner who has not wrongfully dissociated may participate in winding up the partnership's business, but on application of any partner, partner's legal representative, or transferee, a court of competent jurisdiction for good cause shown, may order judicial supervision of the winding up. (b) The legal representative of the last surviving partner may wind up a partnership's business. (c) A person winding up a partnership's business may preserve the partnership business or property as a going concern for a reasonable time, prosecute and defend actions and proceedings, whether civil, criminal, or administrative, settle and close the partnership's business, dispose of and transfer the partnership's property, discharge the partnership's liabilities, distribute the assets of the partnership pursuant to section 425-144, settle disputes by mediation or arbitration, and perform other necessary acts.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§425-144 Paying debts and sharing leftover money when a partnership ends

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.