Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:56-1a352
Chapter Title:PARTNERSHIPS
Article Title:REVISED UNIFORM LIMITED PARTNERSHIP ACT
Tax Type:Corporate Income Tax
Brief Description:Withdrawal of general partner.
Keywords:


Body:

56-1a352. Withdrawal of general partner. A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners. 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.
History: L. 1983, ch. 88, 33; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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