N.J.S.A. 42:2A-41 — Withdrawal of limited partner

42:2A-41. Withdrawal of limited partner Withdrawal of limited partner. A limited partner may withdraw from a limited partnership at the time or upon the happening of events specified in the certificate of limited partnership and in accordance with the partnership agreement. If the certificate does not specify the time or the events upon the happening of which a limited partner may withdraw or a definite time for the dissolution and winding up of the limited partnership, a limited partner may withdraw upon not less than six months' prior written notice to each general partner at the address set forth in the certificate of limited partnership. L. 1983, c. 489, s. 40; amended 1988,c.130,s.22.

This is the verbatim text of N.J.S.A. 42:2A-41, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.