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Kansas · Through 2025 legislative session

K.S.A. 56-1a354: Distribution upon withdrawal.

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Where this section sits in the code
  1. Chapter 56.—PARTNERSHIPS
  2. Article 1a.—REVISED UNIFORM LIMITED PARTNERSHIP ACT

Except as provided in K.S.A. 56-1a351 through 56-1a358, upon withdrawal any withdrawing partner is entitled to receive any distribution to which the partner is entitled under the partnership agreement. If not otherwise provided in the agreement, the withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value of the partner's interest in the limited partnership as of the date of withdrawal, based upon the partner's right to share in distributions from the limited partnership.

Collected 2026-10-15T06:19:51Z. Source file · JSON

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