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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-42-1040: Distribution upon withdrawal.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 42 Uniform Limited Partnership Act
  3. ARTICLE 6 Distributions and Withdrawal

Except as provided in this chapter, 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 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 2026-09-02T07:04:29Z. Source file · JSON

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