If you have a business that’s a partnership can one business partner sell their half of the business without the other partners consent

Colo business that’s a general
partnership

Asked on December 13, 2018 under Business Law, Colorado

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 1 year ago | Contributor

Yes, they can, unless there was some agreement between the partners limiting or restricting the ability to sell a partner's interest in or share of the business. In the absence of an agreement, a partner may sell his share freely.


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