{"data":{"id":"us-ky/krs-362.2-602","jurisdiction":"us-ky","citation":"KRS 362.2-602","heading":"Effect of dissociation as limited partner.","body":"Upon a person's dissociation as a limited partner:\n(1) Subject to KRS 362.2 -704, the person does not have further rights as a limited\npartner;\n(2) The person's obligation of good faith and fair dealing as a limited partner under\nKRS 362.2-305(2) continues only as to matters arising and events occurring before\nthe dissociation;\n(3) Subject to KRS 362.2 -704 and 362.2 -951 to 362.2 -963, any transferable interest\nowned by the person in the person's capacity as a limited partner immediately before\ndissociation is owned by the person as a mere transferee; and\n(4) The dissociation does not of itself discharge the person from any obligation to the\nlimited partnership or the other partners which the person incurred while a limited\npartner.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34601","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:58Z","sha256":"546ad9f2932e20d260f8c6537f8f9159275718ffb4cfb773653219ee915bfbe3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.2-601","next":"us-ky/krs-362.2-603"},"notice":"GroundRules: Original legal text. Not legal advice."}