SECTION 620.2120. Limited partner’s acceptance of limited partnership’s offer.

Latest version.

1(1) 2If the limited partner states on the form provided in s. 13620.2118(1) 14that 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 90 days after the limited partnership’s receipt of the items required by s. 63620.2119(1)64.
65(2) 66Upon payment of the agreed value, the limited partner shall cease to have any interest in the partnership interests.

History.-s. 17, ch. 2005-267; s. 77, ch. 2006-1.

Bills Cite this Section:

None

Implemented Rule (1):

69E-121.007. Public Records and Availability of Forms: Procedures for Inspecting and Copying Public Records and for Obtaining Department Forms

Cited by Court Cases:

None

                    
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