2006 New York Code - Right To Distribution Upon Withdrawal.



 
    §  121-604.  Right to distribution upon withdrawal. Except as provided
  in this article upon withdrawal any withdrawing partner is  entitled  to
  receive  any  distribution to which he is entitled under the partnership
  agreement and, if not otherwise provided in the  partnership  agreement,
  he  is  entitled  to receive, within a reasonable time after withdrawal,
  the fair value of his interest in the limited partnership as of the date
  of withdrawal based upon his right to share in  distributions  from  the
  limited partnership.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.