620.1607 – Liability to other persons of person dissociated as general partner.
620.1607 Liability to other persons of person dissociated as general partner.— (1) A person’s dissociation as a general partner does not of itself discharge the person’s liability as a general partner for an obligation of the limited partnership incurred before dissociation. Except as otherwise provided in subsections (2) and (3), the person is not liable for a […]
620.1812 – Revocation of dissolution.
620.1812 Revocation of dissolution.— (1) A limited partnership that has dissolved as the result of an event described in s. 620.1801(1)(a)-(d) and filed a certificate of dissolution with the Department of State may revoke its dissolution at any time prior to the expiration of 120 days following the effective date of its certificate of dissolution. (2) Revocation of […]
620.1701 – Partner’s transferable interest; certificates.
620.1701 Partner’s transferable interest; certificates.— (1) The only interest of a partner which is transferable is the partner’s transferable interest. A transferable interest is personal property. (2) The partnership agreement may provide that a partner’s interest in a limited partnership may be evidenced by a certificate issued by the limited partnership and may also provide for the assignment […]
620.1813 – Disposition of assets; when contributions required.
620.1813 Disposition of assets; when contributions required.— (1) In winding up a limited partnership’s activities, the assets of the limited partnership, including the contributions required by this section, must be applied to satisfy the limited partnership’s obligations to creditors, including, to the extent permitted by law, partners that are creditors. (2) Any surplus remaining after the limited partnership […]
620.1702 – Transfer of partner’s transferable interest.
620.1702 Transfer of partner’s transferable interest.— (1) A transfer, in whole or in part, of a partner’s transferable interest: (a) Is permissible. (b) Does not by itself cause the partner’s dissociation or a dissolution and winding up of the limited partnership’s activities. (c) Does not, as against the other partners or the limited partnership, entitle the transferee to participate in […]
620.1901 – Governing law regarding foreign limited partnerships.
620.1901 Governing law regarding foreign limited partnerships.— (1) The laws of the state or other jurisdiction under which a foreign limited partnership is organized govern relations among the partners of the foreign limited partnership and between the partners and the foreign limited partnership and the liability of partners as partners for an obligation of the foreign limited […]
620.1703 – Rights of creditor of partner or transferee.
620.1703 Rights of creditor of partner or transferee.— (1) On application to a court of competent jurisdiction by any judgment creditor of a partner or transferee, the court may charge the partnership interest of the partner or transferable interest of a transferee with payment of the unsatisfied amount of the judgment with interest. To the extent so […]
620.1902 – Application for certificate of authority.
620.1902 Application for certificate of authority.— (1) A foreign limited partnership shall apply for a certificate of authority to transact business in this state by delivering a signed application to the Department of State for filing. The application must state: (a) The name of the foreign limited partnership and, if the name does not comply with s. 620.1108, […]
620.1704 – Power of estate of deceased partner.
620.1704 Power of estate of deceased partner.—If a partner dies, the deceased partner’s personal representative or other legal representative may exercise the rights of a transferee as provided in s. 620.1702 and, for the purposes of settling the estate, may exercise the rights of a current limited partner under s. 620.1304. History.—s. 17, ch. 2005-267.
620.1801 – Nonjudicial dissolution.
620.1801 Nonjudicial dissolution.— (1) Except as otherwise provided in s. 620.1802, a limited partnership is dissolved, and its activities must be wound up, only upon the occurrence of any of the following: (a) The happening of an event specified in the partnership agreement; (b) The consent of all general partners and of all limited partners; (c) After the dissociation of […]