Distribution Upon Withdrawal

Checkout our iOS App for a better way to browser and research.

Subject to contrary provision in the partnership agreement, a withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value as of the date of withdrawal of the interest in the limited partnership with respect to which the withdrawal has occurred.

(Code 1981, §14-9-604, enacted by Ga. L. 1988, p. 1016, § 1; Ga. L. 1996, p. 787, § 12.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 59A Am. Jur. 2d, Partnership, § 899.

C.J.S.

- 68 C.J.S., Partnership, § 610 et seq.


Download our app to see the most-to-date content.