{"data":{"id":"us-ky/krs-362.487","jurisdiction":"us-ky","citation":"KRS 362.487","heading":"Nonjudicial dissolution.","body":"A limited partnership shall be dissolved, and its affairs shall be wound up, upon the\nhappening of the first to occur of the following events:\n(1) At the time specified in the certificate of limited partnership;\n(2) An event specified in writing in the partnership agreement;\n(3) The written consent of all partners;\n(4) An event of withdrawal of a general partner, unless at the time there is at least one\n(1) other general partner, and the written provisions of the partnership agreement\npermit the business of  the limited partnership to be carried on by the remaining\ngeneral partner and that partner does so; but the limited partnership shall not be\ndissolved and shall not be required to be wound up by reason of any event of\nwithdrawal if, within ninety (90) day s after the withdrawal, all partners agree in\nwriting to continue the business of the limited partnership and to the appointment of\none (1) or more additional general partners if necessary or desired; or\n(5) The entry of a decree of judicial dissolution under KRS 362.489.","path":["KRS Chapter 362"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34382","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:56Z","sha256":"c0e9c5c960a9300c1e4743329856adabce52b994e2512f69414c49282153dbb3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.485","next":"us-ky/krs-362.489"},"notice":"GroundRules: Original legal text. Not legal advice."}