{"data":{"id":"us-dc/d.c.-code-29-708.01","jurisdiction":"us-dc","citation":"D.C. Code § 29-708.01","heading":"Nonjudicial dissolution.","body":"Except as otherwise provided in § 29-708.02, a limited partnership is dissolved, and its activities and affairs shall be wound up, only upon the occurrence of any of the following:\n\n(1)\nThe happening of an event specified in the partnership agreement;\n\n(2)\nThe consent of all general partners and of limited partners owning a majority of the rights to receive distributions as limited partners at the time the consent is to be effective;\n\n(3)\nAfter the dissociation of a person as a general partner:\n(A)\nIf the limited partnership has at least one remaining general partner, the consent to dissolve the limited partnership given within 90 days after the dissociation by partners owning a majority of the rights to receive distributions as partners at the time the consent is to be effective; or\n(B)\nIf the limited partnership does not have a remaining general partner, the passage of 90 days after the dissociation, unless before the end of the period:\n(i)\nConsent to continue the activities and affairs of the limited partnership and admit at least one general partner is given by limited partners owning a majority of the rights to receive distributions as limited partners at the time the consent is to be effective; and\n(ii)\nAt least one person is admitted as a general partner in accordance with the consent;\n\n(4)\nThe passage of 90 days after the dissociation of the limited partnership’s last limited partner, unless before the end of the period the limited partnership admits at least one limited partner; or\n\n(5)\nThe signing and filing of a certificate of dissolution by the Mayor under § 29-106.02.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 7. Limited Partnerships.","Subchapter VIII. Dissolution."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-708.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"4360de5171a3dec3f288289dc2cfa9572d7992318fcd7e098552a0ec92c973c0","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-707.04","next":"us-dc/d.c.-code-29-708.02"},"notice":"GroundRules: Original legal text. Not legal advice."}
