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The Florida Senate

2004 Florida Statutes

Section 620.144, Florida Statutes 2004

620.144  Distribution upon withdrawal.--Except as provided in s. 620.147, upon withdrawal, a withdrawing partner is entitled to receive any distribution to which he or she is entitled under the partnership agreement; and, if not otherwise provided in the agreement, the withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value of his or her interest in the limited partnership as of the date of withdrawal based upon his or her right to share in distributions from the limited partnership.

History.--s. 36, ch. 86-263; s. 127, ch. 97-102.