South Dakota Statutes

§ 48-7-603 — Withdrawal of limited partner.

South Dakota § 48-7-603
JurisdictionSouth Dakota
Title 48PARTNERSHIPS
Ch. 48-7UNIFORM LIMITED PARTNERSHIP ACT

This text of South Dakota § 48-7-603 (Withdrawal of limited partner.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 48-7-603 (2026).

Text

A limited partner has no right of withdrawal from a limited partnership except as otherwise specified in writing in the partnership agreement. The provisions of this bill do not apply to limited partnership agreements in existence June 30, 1996, unless such agreements specify the time or events for dissolution or winding up of the limited partnership.

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Legislative History

SL 1986, ch 391, § 603; SL 1996, ch 270.

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Bluebook (online)
South Dakota § 48-7-603, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/48-7-603.