620.2204 – Application to existing relationships.
620.2204 Application to existing relationships.— (1) Before January 1, 2007, this act governs only: (a) A limited partnership formed on or after January 1, 2006. (b) Except as otherwise provided in subsections (3) and (4), a limited partnership formed before January 1, 2006, which elects, in the manner provided in its partnership agreement or by law for amending the […]
620.8204 – When property is partnership property.
620.8204 When property is partnership property.— (1) Property is partnership property if acquired in the name of: (a) The partnership; or (b) One or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership but without an indication of the name of […]
620.2205 – Savings clause.
620.2205 Savings clause.—This act does not affect an action commenced, proceeding brought, or right accrued before this act takes effect. History.—s. 17, ch. 2005-267.
620.8301 – Partner agent of partnership.
620.8301 Partner agent of partnership.—Subject to the effect of a statement of partnership authority under s. 620.8303: (1) Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the execution of an instrument in the partnership name, for apparently carrying on in the ordinary course of partnership […]
620.2115 – Assertion of rights by nominees and beneficial owners.
620.2115 Assertion of rights by nominees and beneficial owners.— (1) A record limited partner may assert appraisal rights as to fewer than all the limited partner interests registered in the record limited partner’s name that are owned by a beneficial limited partner only if the record limited partner objects with respect to all limited partner interests of […]
620.2116 – Notice of appraisal rights.
620.2116 Notice of appraisal rights.— (1) If a proposed appraisal event is to be submitted to a vote at a limited partners’ meeting, the meeting notice must state that the limited partnership has concluded that partners are, are not, or may be entitled to assert appraisal rights under this act. (2) If the limited partnership concludes that appraisal […]
620.2117 – Notice of intent to demand payment.
620.2117 Notice of intent to demand payment.— (1) If a proposed appraisal event is submitted to a vote at a partners’ meeting, or is submitted to a partner pursuant to a consent vote, a limited partner who is entitled to and who wishes to assert appraisal rights with respect to any class or series of limited partner […]
620.2118 – Appraisal notice and form.
620.2118 Appraisal notice and form.— (1) If the proposed appraisal event becomes effective, the limited partnership must deliver a written appraisal notice and form required by paragraph (2)(a) to all limited partners who satisfied the requirements of s. 620.2117. (2) The appraisal notice must be sent no earlier than the date the appraisal event became effective and no […]
620.2119 – Perfection of rights; right to withdraw.
620.2119 Perfection of rights; right to withdraw.— (1) A limited partner who wishes to exercise appraisal rights must execute and return the form received pursuant to s. 620.2118(1) and, in the case of certificated partnership interests and the limited partnership so requires, deposit the limited partner’s certificates in accordance with the terms of the notice by the […]
620.2120 – Limited partner’s acceptance of limited partnership’s offer.
620.2120 Limited partner’s acceptance of limited partnership’s offer.— (1) If the limited partner states on the form provided in s. 620.2118(1) that the limited partner accepts the offer of the limited partnership to pay the limited partnership’s estimated fair value for the limited partner interest, the limited partnership shall make such payment to the limited partner within […]