Except as provided in this chapter, 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.
Conn. Gen. Stat. § 34-27d
Distribution to partner upon withdrawal; payment of partner's fair value of his interest in limited partnership
Known as the The Uniform Limited Partnership Act
The act spans §§ 34–34 (87 sections).
(P.A. 79-440, S. 33.)
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.