New York Statutes
§ 121-604 — Right to distribution upon withdrawal
§ 121-604. Right to distribution upon withdrawal. Except as provided\nin this article upon withdrawal any withdrawing partner is entitled to\nreceive any distribution to which he is entitled under the partnership\nagreement and, if not otherwise provided in the partnership agreement,\nhe is entitled to receive, within a reasonable time after withdrawal,\nthe fair value of his interest in the limited partnership as of the date\nof withdrawal based upon his right to share in distributions from the\nlimited partnership.\n
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Nearby Sections
15
§ 121-1001
Parties to actions§ 121-1002
Limited partners' derivative action§ 121-1003
Security for expenses§ 121-1004
Indemnification of general partner§ 121-101
Definitions§ 121-102
Partnership name§ 121-103
Reservation of partnership name§ 121-104-A
Resignation for receipt of process§ 121-105
Registered agent§ 121-106
Records§ 121-107
Nature of business§ 121-109-A
Electronic service of process