Virginia Statutes
§ 50-73.39:1 — No right to distribution upon withdrawal
Virginia § 50-73.39:1
JurisdictionVirginia
Title 50PARTNERSHIPS
Ch. 2.1VIRGINIA REVISED UNIFORM LIMITED PARTNERSHIP ACT
Art. 6DISTRIBUTIONS AND WITHDRAWAL
This text of Virginia § 50-73.39:1 (No right to distribution upon withdrawal) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 50-73.39:1 (2026).
Text
Except as otherwise provided in writing in the partnership agreement, neither a general partner nor a limited partner has any right to receive any distribution on account of (i) the partner's withdrawal or (ii) other event of dissolution or ceasing, for any other reason, to be partner.
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Legislative History
2000, c. 581.
Nearby Sections
15
§ 50-1
Repealed§ 50-44
Repealed§ 50-73.1
Definitions§ 50-73.100
Distributions in kind§ 50-73.102
General standards of partner's conduct§ 50-73.103
Actions by partnership and partners§ 50-73.105
Partner not co-owner of partnership property§ 50-73.107
Transfer of partner's transferable interest§ 50-73.109
Events causing partner's dissociationCite This Page — Counsel Stack
Bluebook (online)
Virginia § 50-73.39:1, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/50/50-73.39%3A1.