15 Pennsylvania Consolidated Statutes § 8554 - Distribution Upon Withdrawal

§ 8554. Distribution upon withdrawal.

Except as provided in this subchapter, upon withdrawal, any withdrawing partner is entitled to receive any distribution to which he is entitled under the partnership agreement and, except as 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.

Cross References. Section 8554 is referred to in section 8574 of this title.

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Last modified: October 8, 2016