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487.603 Withdrawal of limited partner.

A limited partner may withdraw from a limited partnership at the time or upon the happening of events specified in the certificate of limited partnership and in accordance with the partnership agreement. If the certificate does not specify the time or the events upon the happening of which a limited partner may withdraw or a time for the dissolution and winding up of the limited partnership, a limited partner may withdraw upon not less than six months prior written notice directed or delivered to the partnership or to each general partner at the partner's address on the books of the limited partnership at its office in this state.

Section History: Early form

[C24, 27, 31, 35, 39, § 9827; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 545.22; 82 Acts, ch 1103, § 603]

Section History: Recent form

C93, § 487.603

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Last update: Mon Jan 27 16:05:08 CST 1997
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