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S.D. Codified Laws § 48-7-803

Winding up

Known as the Uniform Limited Partnership Act

The act spans §§ 48–48 (71 sections).

Source: SL 1986, ch 391, § 803.

Except as provided in the partnership agreement, the general partners who have not wrongfully dissolved a limited partnership or, if none, the limited partners, may wind up the limited partnership's affairs; but the circuit court may wind up the limited partnership's affairs upon application of any partner, his legal representative, or assignee.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.