Indiana Statutes
§ 23-16-9-1 — Nonjudicial dissolution
(a)A limited partnership is dissolved and its
affairs shall be wound up upon the occurrence of the first of the
following:
(1)At the time specified in the certificate of limited partnership.
(2)Upon the occurrence of events specified in the partnership
agreement.
(3)Subject to a requirement in the partnership agreement
requiring the approval by a greater or lesser percentage of limited
partners and general partners, upon the written consent of all
general partners and the affirmative vote of two-thirds (2/3) in
interest of each class of limited partners.
(4)Except as provided in subsection (b), an event of withdrawal
of a general partner, unless:
(A)at the time there is at least one (1) other general partner;
(B)the partnership agreement permits the business of the
limited partnersh
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Legislative History
As added by P.L.147-1988, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"