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Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 9. REVISED UNIFORM LIMITED PARTNERSHIP ACT · Article 6. DISTRIBUTIONS AND WITHDRAWAL

14-9-604. Distribution upon withdrawal.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. 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.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

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

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-2017-pdf.pdf, Volume V12, 2017 edition, page 1022; merge action: carried; file SHA-256 f2fad2b71b39.