48.160 Limited Partner; Distribution upon Withdrawal | Pdf Doc Docx | Georgia_JI

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48.160 Limited Partner; Distribution upon Withdrawal | Pdf Doc Docx | Georgia_JI

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48.160 Limited Partner; Distribution upon Withdrawal

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48.160 Limited Partner; Distribution upon Withdrawal A limited partner may withdraw from a limited partnership at the time or upon the occurrence of events specified in writing in the partnership agreement. O.C.G.A. §14-9-603 A partner who withdraws is entitled to receive the fair value of the partner's interest within a reasonable time after the partner withdraws. The fair value of the withdrawn interest is determined as of the date of withdrawal. This provision does not apply if the partnership agreement provides otherwise. O.C.G.A. §14-9-604

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