California Corporations Code ARTICLE 11.5 - Dissenting Limited Partners’ Rights

Section 15911.20.
(a) For purposes of this article, “reorganization” refers to any of the following:(1) A conversion pursuant to Article 11 (commencing with Section 15911.01).(2) A merger pursuant to Article...
Section 15911.21.
(a) If the approval of outstanding limited partnership interests is required for a limited partnership to participate in a reorganization, pursuant to the limited partnership agreement...
Section 15911.22.
(a) If limited partners have a right under Section 15911.21, subject to compliance with paragraphs (4) and (5) of subdivision (b) thereof, to require the limited...
Section 15911.23.
Within 30 days after the date on which notice of the approval of the outstanding interests of the limited partnership is mailed to the limited...
Section 15911.24.
(a) If the limited partnership and the dissenting limited partner agree that such limited partner’s interest is a dissenting interest and agree upon the price to...
Section 15911.25.
(a) If the limited partnership denies that a limited partnership interest is a dissenting interest, or the limited partnership and a dissenting limited partner fail to...
Section 15911.26.
(a) If the court appoints an appraiser or appraisers, they shall proceed forthwith to determine the fair market value per interest of the outstanding limited partnership...
Section 15911.27.
To the extent that the payment to dissenting limited partners of the fair market value of their dissenting interests would require the dissenting limited partners...
Section 15911.28.
Any cash distributions made by a limited partnership to a dissenting limited partner after the date of consummation of the reorganization, but prior to any...
Section 15911.29.
Except as expressly limited by this article, dissenting limited partners shall continue to have all the rights and privileges incident to their interests immediately prior...
Section 15911.30.
A dissenting interest loses its status as a dissenting interest and the holder thereof ceases to be a dissenting limited partner and ceases to be...
Section 15911.31.
If litigation is instituted to test the sufficient or regularity of the vote or consent of the limited partners in authorizing a reorganization, any proceedings...
Section 15911.32.
(a) This article applies to the following:(1) A domestic limited partnership formed on or after January 1, 1991.(2) A foreign limited partnership if (A) the foreign limited partnership...
Section 15911.33.
(a) No limited partner of a limited partnership who has a right under this article to demand payment of cash for the interest owned by such...

Last modified: October 22, 2018