Subject to contrary provision in the partnership agreement, a withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value as of the date of withdrawal of the interest in the limited partnership with respect to which the withdrawal has occurred.
History. Code 1981, § 14-9-604 , enacted by Ga. L. 1988, p. 1016, § 1; Ga. L. 1996, p. 787, § 12.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 9 - Revised Uniform Limited Partnership Act
Article 6 - Distributions and Withdrawal
§ 14-9-601. Interim Distributions; Redemption of Interest of Partner
§ 14-9-602. Withdrawal of General Partner
§ 14-9-603. Withdrawal of Limited Partner
§ 14-9-604. Distribution Upon Withdrawal