California Corporations Code

§ 15908.01

CORP § 15908.01 Effective Jan 1, 2007Title 2 · Ch. 4.5 · Art. 8

Statute text

Except as otherwise provided in Section 15908.02, a limited partnership is dissolved, and its activities must be wound up, only upon the occurrence of any of the following:

(a)the happening of an event specified in the partnership agreement;

(b)the consent of all general partners and of limited partners owning a majority of the rights to receive distributions as limited partners at the time the consent is to be effective;

…

Legislative history

Added by Stats. 2006, Ch. 495, Sec. 20. Effective January 1, 2007. Section operative January 1, 2008, pursuant to Section 15912.04.