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New York · Through 2026-09-11

N.Y. Partnership Law § 121-602: Withdrawal of a general partner

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Where this section sits in the code
  1. Partnership Law
  2. Article 8-A. Revised Limited Partnership Act

§ 121-602. Withdrawal of a general partner. 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, which

may be determined as set forth in the partnership agreement, and offset

the damages against the amount otherwise distributable to him.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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