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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 7-13.1-602: Effect of dissociation as limited partner.

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Where this section sits in the code
  1. Title 7 Corporations, Associations, and Partnerships
  2. Chapter 13.1 Uniform Limited Partnership Act
  3. Part 6 Dissociation

(a) If a person is dissociated as a limited partner:

(1) Subject to § 7-13.1-704, the person does not have further rights as a limited partner;

(2) The person’s contractual obligation of good faith and fair dealing as a limited partner under § 7-13.1-305(a) ends with regard to matters arising and events occurring after the person’s dissociation; and

(3) Subject to § 7-13.1-704 and part 11 of this chapter, any transferable interest owned by the person in the person’s capacity as a limited partner immediately before dissociation is owned by the person solely as a transferee.

(b) A person’s dissociation as a limited partner does not of itself discharge the person from any debt, obligation, or other liability to the limited partnership or the other partners which the person incurred while a limited partner.

Collected 2026-09-05T19:54:24Z. Source file · JSON

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