Mass. Gen. Laws ch. 109 § 34

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 109:34 - Distribution to partner upon withdrawal

Except as provided in sections thirty-one to thirty-eight, inclusive, 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.

Mass. Gen. Laws ch. 109, § 34