RCW 25.10.516
136 words·~1 min read·
/wa/title-25/chapter-25-10/25-10-516·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Upon a person's dissociation as a limited partner:
(a)Subject to RCW 25.10.561 , the person does not have further rights as a limited partner;
(b)The person's obligation of good faith and fair dealing as a limited partner under RCW 25.10.341
(2)continues only as to matters arising and events occurring before the dissociation; and
(c)Subject to RCW 25.10.561 and article 11 of this chapter, 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.
(2)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 that the person incurred while a limited partner.
[ 2009 c 188 s 602 .]