2011 South Dakota Code
Title 48 PARTNERSHIPS
Chapter 07. Uniform Limited Partnership Act
§48-7-603 Withdrawal of limited partner.


SD Codified L § 48-7-603 (through 2011) What's This?

48-7-603. Withdrawal of limited partner. A limited partner has no right of withdrawal from a limited partnership except as otherwise specified in writing in the partnership agreement. The provisions of this bill do not apply to limited partnership agreements in existence June 30, 1996, unless such agreements specify the time or events for dissolution or winding up of the limited partnership.

Source: SL 1986, ch 391, § 603; SL 1996, ch 270.

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