When any partner retires or dies, and the business is continued under any of the conditions
set forth in subsections 1, 2, 3, 4, 5, and 6 of section 358.410, or subdivision (2) of subsection 2 of section 358.380 without any settlement of accounts as between him or his estate and the person or
partnership continuing the business, unless otherwise agreed, he or his legal representative
as against such persons or partnership may have the value of his interest at the date
of dissolution ascertained, and shall receive as an ordinary creditor an amount equal
to the value of his interest in the dissolved partnership with interest, or, at his
option or at the option of his legal representative, in lieu of interest, the profits
attributable to the use of his right in the property of the dissolved partnership;
provided that the creditors of the dissolved partnership as against the separate creditors,
or the representative of the retired or deceased partner, shall have priority on any
claim arising under this section, as provided by subsection 8 of section 358.410.
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