A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners, but if the withdrawal 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 him.
Mo. Rev. Stat. § 359.331
Withdrawal of a general partner — notice to other partners — breach of..
Known as the Missouri Revised Uniform Limited Partnership Act
The act spans §§ 359.011 to 359.691 (71 sections).
Effective: 01 Jan 1987, see footnote; (L. 1985 H.B. 512 & 650)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.