Maine Code § 31-1046

Continuation of partnership beyond definite term or particular undertaking
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1. Rights and duties as at expiration or completion. 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.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
2. Presumption of agreement to continue. 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.
[PL 2005, c. 543, Pt. A, §2 (NEW).]

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