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the Utah Code
2014 Utah Code
Title 48 - Partnership
Chapter 2a - Utah Revised Uniform Limited Partnership Act
Section 602 - Withdrawal of general partner.
Universal Citation:
48-2a-602. Withdrawal of general partner.
UT Code ยง 48-2a-602 (2014)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
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 him.
Enacted by Chapter 233, 1990 General Session
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