TITLE XXVIII
PARTNERSHIPS

CHAPTER 304-B
UNIFORM LIMITED PARTNERSHIP ACT

Distributions and Withdrawal

Section 304-B:34

    304-B:34 Distribution Upon Withdrawal. – Except as provided in this subdivision, upon withdrawal any withdrawing partner is entitled to receive any distribution to which he is entitled under the partnership agreement and, if not otherwise provided in the agreement, he is entitled to receive, within a reasonable time after withdrawal, the fair value of his interest in the limited partnership as of the date of withdrawal based upon his right to share in distributions from the limited partnership.

Source. 1987, 349:1, eff. Jan. 1, 1988.