§47B-4-6. Continuation of partnership beyond definite term or particular undertaking.
(a) 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.
(b) 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.