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 general partner.
Section: Previous 32.11.240 32.11.250 32.11.260 32.11.270 32.11.280 32.11.290 32.11.300 32.11.310 NextLast modified: November 15, 2016