Utah § 48-2e-604 Power to dissociate as general partner -- Wrongful dissociation.

Utah Statutes

§ 48-2e-604 — Power to dissociate as general partner -- Wrongful dissociation.

Utah § 48-2e-604

Title 48Unincorporated Business Entity Act

Ch. 48-2eUtah Uniform Limited Partnership Act

Part 48-2e-6Dissociation

This text of Utah § 48-2e-604 (Power to dissociate as general partner -- Wrongful dissociation.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 48-2e-604 (2026).

Text

(1)A person has the power to dissociate as a general partner at any time, rightfully or wrongfully, by withdrawing as a general partner by express will under Subsection 48-2e-603(1).

(2)A person's dissociation as a general partner is wrongful only if the dissociation:

(2)(a) is in breach of an express provision of the partnership agreement; or

(2)(b) occurs before the completion of the winding up of the limited partnership, and:

(2)(b)(i) the person withdraws as a general partner by express will;

(2)(b)(ii) the person is expelled as a general partner by judicial order under Subsection 48-2e-603(5);

(2)(b)(iii) the person is dissociated as a general partner under Subsection 48-2e-603(7); or

(2)(b)(iv) in the case of a person that is not a trust other than a business trust, an estate, or

Free access — add to your briefcase to read the full text and ask questions with AI

(1) A person has the power to dissociate as a general partner at any time, rightfully or wrongfully, by withdrawing as a general partner by express will under Subsection 48-2e-603(1).
(2) A person's dissociation as a general partner is wrongful only if the dissociation:

(2)(a) is in breach of an express provision of the partnership agreement; or
(2)(b) occurs before the completion of the winding up of the limited partnership, and:
(2)(b)(i) the person withdraws as a general partner by express will;
(2)(b)(ii) the person is expelled as a general partner by judicial order under Subsection 48-2e-603(5);
(2)(b)(iii) the person is dissociated as a general partner under Subsection 48-2e-603(7); or
(2)(b)(iv) in the case of a person that is not a trust other than a business trust, an estate, or an individual, the person is expelled or otherwise dissociated as a general partner because it willfully dissolved or terminated.
(3) A person that wrongfully dissociates as a general partner is liable to the limited partnership and, subject to Section 48-2e-1001, to the other partners for damages caused by the dissociation. The liability is in addition to any debt, obligation, or other liability of the general partner to the limited partnership or the other partners.