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2012 Utah Code
Title 48 - Partnership
Article 2a - Utah Revised Uniform Limited Partnership Act
Section 604 - Distribution upon withdrawal.


UT Code § 48-2a-604 (2012) What's This?

48-2a-604. 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.


Amended by Chapter 189, 1991 General Session

Repealed by Chapter 353, 2011 General Session

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