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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1782.32 | Withdrawal of general partner.

Ohio Revised Code
/
Title 17 Corporations-Partnerships
/
Chapter 1782 Limited Partnerships
 
Effective:
July 1, 1994
Latest Legislation:
Senate Bill 74 - 120th General Assembly
PDF:
Download Authenticated PDF
 

A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners. If the withdrawal violates the partnership agreement, the limited partnership, in addition to exercising any remedies otherwise available under applicable law, may recover from the withdrawing general partner damages for breach of the partnership agreement and offset the damages against the amount otherwise distributable to him.

Available Versions of this Section