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Regarding limited partners, Multiple Cholce they must obtain a court order to withdraw because of their limited liability and its effect on the remaining partners
Regarding limited partners,
Multiple Cholce
they must obtain a court order to withdraw because of their limited liability and its effect on the remaining partners and third partles dealing with the business.
If the parthership agreement is silent as to notice required prior to termination, days' written notice is required before the limited partner may withdraw.
they may withdraw from the partnership at any time, but they forfelt their investment if they withdraw early.
they may not withdraw before the time that the partners have agreed the partnership will terminate.
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