Except as approved by the specific written consent of all partners at the time, a person ceases to be a general partner of a limited partnership upon the happening of any of the following events:
(1) The general partner withdraws from the limited partnership as provided in section thirty-two of this article;
(2) The general partner ceases to be a member of the limited partnership as provided in section forty of this article;
(3) The general partner is removed as a general partner in accordance with the partnership agreement;
(4) Unless otherwise provided for in writing in the partnership agreement, the general partner: (i) makes an assignment for the benefit of creditors; (ii) files a voluntary petition in bankruptcy; (iii) is adjudicated a bankrupt or insolvent; (iv) files a petition or answer seeking for himself any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any statute, law or regulation; (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against him in any proceeding of this nature; or (vi) seeks, consents to, or acquiesces in the appointment of a trustee, receiver or liquidator of the general partner or of all or any substantial part of his properties;
(5) Unless otherwise provided in writing in the partnership agreement, one hundred twenty days after the commencement of any proceeding against the general partner seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any statute, law or regulation, the proceeding has not been dismissed, or if within ninety days after the appointment without his consent or acquiescence of a trustee, receiver or liquidator of the general partner or of all or any substantial part of his properties, the appointment is not vacated or stayed or within ninety days after the expiration of any such stay, the appointment is not vacated;
(6) In the case of a general partner who is a natural person, (i) his death; or (ii) the entry by a court of competent jurisdiction adjudicating him incompetent to manage his person or his estate;
(7) In the case of a general partner who is acting as a general partner by virtue of being a trustee of a trust, the termination of the trust, but not merely the substitution of a new trustee;
(8) In the case of a general partner that is a separate partnership, the dissolution and commencement of winding up of the separate partnership;
(9) In the case of a general partner that is a corporation, the filing of a certificate of dissolution, or its equivalent, for the corporation or the revocation of its charter; or
(10) In the case of an estate, the distribution by the fiduciary of the estate's entire interest in the partnership.
Structure West Virginia Code
Chapter 47. Regulation of Trade
Article 9. Uniform Limited Partnership Act
§47-9-2. Name of Limited Partnership
§47-9-7. Business Transactions of Partner With Partnership
§47-9-8. Certificate and Formation of Limited Partnership
§47-9-9. Amendment to Certificate
§47-9-10. Cancellation of Certificate
§47-9-10a. Administrative Dissolution of a Limited Partnership; Reinstatement; Appeals
§47-9-11. Execution of Certificates
§47-9-12. Judicial Amendment or Cancellation of Certificate
§47-9-13. Filing of Certificate
§47-9-14. Liability for False Statement in Certificate
§47-9-16. Delivery of Certificates to Limited Partners
§47-9-17. Admission of Limited Partners
§47-9-18. Voting by Limited Partners
§47-9-19. Liability to Third Parties
§47-9-20. Person Erroneously Believing Himself Limited Partner
§47-9-21. Right of Limited Partner to Information
§47-9-22. Admission of Additional General Partners
§47-9-23. Events of Withdrawal of General Partner
§47-9-24. General Powers and Liabilities of General Partner
§47-9-25. Contributions by General Partner
§47-9-26. Voting by General Partners
§47-9-27. Form of Contribution
§47-9-28. Liability for Contribution
§47-9-29. Sharing of Profits and Losses
§47-9-30. Sharing of Distributions
§47-9-31. Interim Distributions
§47-9-32. Withdrawal of General Partner
§47-9-33. Withdrawal of Limited Partner
§47-9-34. Distribution Upon Withdrawal
§47-9-35. Distribution in Kind
§47-9-36. Right to Distribution
§47-9-37. Limitations on Distribution
§47-9-38. Liability Upon Return of Contribution
§47-9-39. Nature of Partnership Interest
§47-9-40. Assignment of Partnership Interest
§47-9-42. Right of Assignee to Become Limited Partner
§47-9-43. Power of Estate of Deceased or Incompetent Partner
§47-9-44. Nonjudicial Dissolution
§47-9-45. Judicial Dissolution
§47-9-46. Winding Up of Affairs
§47-9-47. Distribution of Assets
§47-9-48. Law Governing Foreign Limited Partnerships
§47-9-49. Registration of Foreign Limited Partnership
§47-9-50. Issuance of Registration
§47-9-51. Registration of Name of Foreign Limited Partnership
§47-9-52. Foreign Limited Partnership -- Changes and Amendments to Registration
§47-9-53. Foreign Limited Partnership -- Cancellation of Registration
§47-9-53a. Revocation and Reinstatement of Foreign Limited Partnership Certificates of Authority
§47-9-54. Foreign Limited Partnership -- Transaction of Business Without Registration
§47-9-55. Action by Attorney General to Restrain a Foreign Limited Partnership
§47-9-56. Right of Action by Limited Partner
§47-9-57. Proper Plaintiff in Derivative Action
§47-9-58. Pleading in Derivative Action
§47-9-59. Expenses in Derivative Action
§47-9-60. Construction and Application of Article
§47-9-61. Short Title of Article