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Article 57 A partnership enterprise shall be disbanded under any of the following circumstances:
The period of operation as agreed upon in the partnership agreement expires and partners are unwilling to continue the operations;
The facts resulting in the disbandment as agreed upon in the partnership agreement occur;
The disbandment has been decided upon by all the partners;
Partners have not formed the statutory number;
The purpose of partnership has been achieved or cannot be achieved as agreed upon in the partnership agreement;
The business licence has been revoked according to law;
Other reasons stipulated in laws and administrative regulations for the disbandment of the partnership enterprise arise.
Special Provisions on One-person Limited Liability Companies