New Hampshire Statutes

§ 304-B:32 — Withdrawal of General Partner

New Hampshire § 304-B:32
JurisdictionNew Hampshire
Title XXVIIIPARTNERSHIPS
Ch. 304-BUNIFORM LIMITED PARTNERSHIP ACT
SubdivisionDistributions and Withdrawal

This text of New Hampshire § 304-B:32 (Withdrawal of General Partner) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.H. Rev. Stat. Ann. § 304-B:32 (2026).

Text

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 damages for breach of the partnership agreement and offset the damages against the amount otherwise distributable to him.

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Legislative History

1987, 349:1, eff. Jan. 1, 1988.

Nearby Sections

15
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Bluebook (online)
New Hampshire § 304-B:32, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/304-B/304-B%3A32.