1. (1) The retirement, death, or insanity of a general partner dissolves the partnership unless the business is continued by the remaining general partners:

   1. (a) Under a right to do so as stated in the certificate; or
   2. (b) With the consent of all members.

Source: L. 31: p. 638, § 20. CSA: C. 123, § 63. CRS 53: § 104-2-20. C.R.S. 1963: § 104-2-20.