Section 79-14-602 - Effect of dissociation as limited partner(a) If a person is dissociated as a limited partner: (1) Subject to Section 79-14-704, the person does not have further rights as a limited partner;(2) The person's contractual obligation of good faith and fair dealing as a limited partner under Section 79-14-305(a) ends with regard to matters arising and events occurring after the person's dissociation; and(3) Subject to Section 79-14-704 and Article 11, any transferable interest owned by the person in the person's capacity as a limited partner immediately before dissociation is owned by the person solely as a transferee.(b) A person's dissociation as a limited partner does not of itself discharge the person from any debt, obligation, or other liability to the limited partnership or the other partners which the person incurred while a limited partner.Added by Laws, 2015, ch. 453, SB 2310, 1, eff. 7/1/2015.