Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 10-602 - Withdrawal of General Partner — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Corporations and Associations/
  5. Title 10 - Limited Partnership Act/
  6. Subtitle 6 - Distributions and Withdrawal/
  7. Section 10-602 - Withdrawal of General Partner
Maryland Legal Code

Section 10-602 - Withdrawal of General Partner

Ask AI about this
A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners, but if the withdrawal notice violates the partnership agreement, the limited partnership may recover from the withdrawing general partner damages for breach of the partnership agreement and offset the damages against the amount otherwise distributable to the withdrawing general partner.