{"data":{"id":"us-ky/krs-362.2-604","jurisdiction":"us-ky","citation":"KRS 362.2-604","heading":"Person's power to dissociate as general partner -- Wrongful dissociation.","body":"(1) A person has the power to dissociate as a general partner at any time, rightfully or\nwrongfully, by express will pursuant to KRS 362.2-603(1).\n(2) A person's dissociation as a general partner is wrongful only if:\n(a) It is in breach of an express provision of the partnership agreement; or\n(b) It occurs before the termination of the limited partnership and:\n1. The person withdraws as a general partner by express will;\n2. The person is expelled as a general partner by judicial determination\nunder KRS 362.2-603(5);\n3. The person is dissociated as a general partner by becoming a debtor in\nbankruptcy; or\n4. In the case of a person that is not an individual, trust other than a\nbusiness trust, or estate, the person is expelled or otherwise dissociated\nas a general partner because it willfully dissolved or terminated.\n(3) A person that wrongfully dissociates as a general partner is liable to the limited\npartnership and, subject to KRS 362.2-931, to the other partners for damages caused\nby the dissociation. The liability is in addition to any other obligation of the general\npartner to the limited partnership or to the other partners.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34603","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:58Z","sha256":"05aaba0481e8c543654bb99dae3a0223aef1b6997cc6a3d26606150d74d237c5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.2-603","next":"us-ky/krs-362.2-605"},"notice":"GroundRules: Original legal text. Not legal advice."}