362.465 Withdrawal of limited partner.
60 words·~1 min read·
/ky/chapter-362/362-465A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless otherwise provided in a partnership agreement, a limited partner has no right to withdraw from a limited partnership. If the partnership agreement does not specify a time a limited partner may withdraw, a limited partner may not withdraw prior to the time for the dissolution and winding up of the limited partnership without the unanimous consent of the partners.