State Codes and Statutes

Statutes > New-york > Ptr > Article-8-a > 121-602

§  121-602.  Withdrawal  of  a  general partner. A general partner may  withdraw from a limited partnership at any time by giving written notice  to the other partners, but if the withdrawal  violates  the  partnership  agreement,  the  limited  partnership  may  recover from the withdrawing  general partner damages for breach of the partnership  agreement,  which  may  be determined as set forth in the partnership agreement, and offset  the damages against the amount otherwise distributable to him.

State Codes and Statutes

Statutes > New-york > Ptr > Article-8-a > 121-602

§  121-602.  Withdrawal  of  a  general partner. A general partner may  withdraw from a limited partnership at any time by giving written notice  to the other partners, but if the withdrawal  violates  the  partnership  agreement,  the  limited  partnership  may  recover from the withdrawing  general partner damages for breach of the partnership  agreement,  which  may  be determined as set forth in the partnership agreement, and offset  the damages against the amount otherwise distributable to him.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Ptr > Article-8-a > 121-602

§  121-602.  Withdrawal  of  a  general partner. A general partner may  withdraw from a limited partnership at any time by giving written notice  to the other partners, but if the withdrawal  violates  the  partnership  agreement,  the  limited  partnership  may  recover from the withdrawing  general partner damages for breach of the partnership  agreement,  which  may  be determined as set forth in the partnership agreement, and offset  the damages against the amount otherwise distributable to him.