(a) If a partner's dissociation results in a dissolution and winding up of the partnership business, Article 8 applies; otherwise, Article 7 applies. (b) Upon a partner's dissociation: (1) The partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 48 - 7A - 803; (2) The partner's duty of loyalty under subsection 48 - 7A - 404(b)(3) terminates; and (3) The partner's duty of loyalty under subsections 48 - 7A - 404(b)(1) and (2) and duty of care under subsection 48 - 7A - 404(c) continue only with regard to matters arising and events occurring before the partner's dissociation, unless the partner participates in winding up the partnership's business pursuant to § 48 - 7A - 803.
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