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2005 Minnesota Statutes - 322A.46 — Withdrawal of general partner.



     322A.46 Withdrawal of 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 and 
 offset the damages against the amount otherwise distributable to 
 the withdrawing general partner. 


    HIST: 1980 c 582 art 5 s 32; 1986 c 444

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