North Carolina Statutes
§ 59-602 — Withdrawal of general partner
North Carolina § 59-602
This text of North Carolina § 59-602 (Withdrawal of general partner) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 59-602 (2026).
Text
After filing of the original certificate of limited partnership, a general partner may withdraw from a limited partnership at any time by giving written notice to the other partners, but if the withdrawal violates the partnership agreement, the limited partnership may recover from the withdrawing general partner, in addition to its other remedies, any damages for breach of the partnership agreement and may offset the damages against the amount otherwise distributable or payable to the partner. (1985 (Reg. Sess., 1986), c. 989, s. 2; 1999-362, s. 26.)
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Nearby Sections
15
§ 59-1001
Right of action§ 59-1002
Proper plaintiff§ 59-1003
Pleading§ 59-1004
Expenses§ 59-1005
Dismissal of action§ 59-1006
Construction§ 59-101
Short title§ 59-102
Definitions§ 59-103
Name§ 59-1050
Conversion§ 59-1051
Plan of conversion§ 59-1053
Effects of conversionCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 59-602, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/59/59-602.