Florida § 620.2120 Limited partner’s acceptance of limited partnership’s offer

Florida Statutes

§ 620.2120 — Limited partner’s acceptance of limited partnership’s offer

Florida § 620.2120

TitleXXXVI

Ch. 620PARTNERSHIP LAWS

This text of Florida § 620.2120 (Limited partner’s acceptance of limited partnership’s offer) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 620.2120 (2026).

Text

(1)If the limited partner states on the form provided in s. 620.2118(1) that the limited partner accepts the offer of the limited partnership to pay the limited partnership’s estimated fair value for the limited partner interest, the limited partnership shall make such payment to the limited partner within 90 days after the limited partnership’s receipt of the items required by s. 620.2119(1).

(2)Upon payment of the agreed value, the limited partner shall cease to have any interest in the partnership interests.

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(1) If the limited partner states on the form provided in s. 620.2118(1) that the limited partner accepts the offer of the limited partnership to pay the limited partnership’s estimated fair value for the limited partner interest, the limited partnership shall make such payment to the limited partner within 90 days after the limited partnership’s receipt of the items required by s. 620.2119(1).

(2) Upon payment of the agreed value, the limited partner shall cease to have any interest in the partnership interests.