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South Dakota · Through 2026-08-31

SDCL § 48-7-604: Distribution upon withdrawal.

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Where this section sits in the code
  1. TITLE 48. PARTNERSHIPS
  2. CHAPTER 48-7. UNIFORM LIMITED PARTNERSHIP ACT

Except as provided in §§ 48-7-601 to 48-7-608, inclusive, 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 2026-09-03T15:18:57Z. Source file · JSON

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