{"data":{"id":"us-mn/minn.-stat.-321.0602","jurisdiction":"us-mn","citation":"Minn. Stat. § 321.0602","heading":"EFFECT OF DISSOCIATION AS LIMITED PARTNER.","body":"(a) Upon a person's dissociation as a limited partner:\n(1) subject to section 321.0704, the person does not have further rights as a limited partner;\n(2) the person's obligation of good faith and fair dealing as a limited partner under section 321.0305(b) continues only as to matters arising and events occurring before the dissociation; and\n(3) subject to section 321.0704 and article 11, any transferable interest owned by the person in the person's capacity as a limited partner immediately before dissociation is owned by the person as a mere transferee.\n(b) A person's dissociation as a limited partner does not of itself discharge the person from any obligation to the limited partnership or the other partners which the person incurred while a limited partner.","path":["BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS","CHAPTER 321. UNIFORM LIMITED PARTNERSHIP ACT 2001","ARTICLE 6 DISSOCIATION"],"source_url":"https://www.revisor.mn.gov/statutes/cite/321.0602","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:42Z","sha256":"b4d576b75399682f096df88e6756ae613cd3439740cc55885f2f96cdae90ad66","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-321.0601","next":"us-mn/minn.-stat.-321.0603"},"notice":"GroundRules: Original legal text. Not legal advice."}