There Is a Newer Version
of
the Kansas Statutes
2009 Kansas Code
Chapter 56 PARTNERSHIPS
Article 1a REVISED UNIFORM LIMITED PARTNERSHIP ACT
56-1a354. Distribution upon withdrawal.
56-1a354
56-1a354. Distribution upon withdrawal. Except as provided in K.S.A. 56-1a351 through 56-1a358, upon withdrawal any withdrawing partner is entitled to receive any distribution to which the partner is entitled under the partnership agreement. If not otherwise provided in the agreement, the withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value of the partner's interest in the limited partnership as of the date of withdrawal, based upon the partner's right to share in distributions from the limited partnership.
History: L. 1983, ch. 88, § 35; July 1.
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