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New York · Through 2026-09-11

N.Y. Partnership Law § 121-604: Right to distribution upon withdrawal

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

§ 121-604. Right to distribution upon withdrawal. Except as provided

in this article upon withdrawal any withdrawing partner is entitled to

receive any distribution to which he is entitled under the partnership

agreement and, if not 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.

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

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