(1) If the partnership has not been set up for a specific period of time, then each partner may terminate it at any time. If a period of time has been specified, then notice of termination prior to the expiry of that period is admissible if there is a compelling reason. A compelling reason is given in particular if
1. another partner intentionally or with gross negligence has violated a fundamental duty incumbent upon them under the partnership agreement or if the discharge of such a duty becomes impossible,
2. the partner has reached the age of 18.
The partner who has attained full age may give notice of termination under no. 2 only within three months from the time at which they were aware or ought to have been aware of their position as a partner. There is no right to give notice if the partner was authorised with regard to the object of the partnership to independently operate a trade or business under section 112 or if the object of the partnership served solely to satisfy their personal needs. Under the same prerequisites, if a period of notice has been specified, termination is permissible without complying with the notice period.
(2) Notice of termination may not be given prematurely unless there is a compelling reason for the premature termination. If a partner gives notice of termination prematurely without such a reason, then they are to compensate the remaining partners for the damage incurred thereby.
(3) An agreement by which the right to give notice is excluded or is limited contrary to these provisions is void.