{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/50-73.37.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/50-73.37.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/50-73.37.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/50-73.37.html"}],"law_id":68823,"edition_id":1,"section_id":68823,"structure_id":14983,"section_number":"50-73.37","catch_line":"Withdrawal of general partner","history":"1985, c. 607.","full_text":"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 in addition to any remedies otherwise available under applicable law.","order_by":null,"text":{"0":{"id":249132,"text":"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 in addition to any remedies otherwise available under applicable law.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14983,"edition_id":1,"name":"Distributions and Withdrawal","identifier":"6","label":"article","depth":3,"order_by":1,"parent_id":13364,"metadata":{},"date_created":"2026-06-26 03:51:18","date_modified":"2026-06-26 03:51:18","permalink":{"id":234497,"object_type":"structure","relational_id":14983,"identifier":"6","token":"50\/2.1\/6","url":"\/50\/2.1\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13364,"edition_id":1,"name":"Virginia Revised Uniform Limited Partnership Act","identifier":"2.1","label":"chapter","depth":2,"order_by":1,"parent_id":12957,"metadata":{},"date_created":"2026-06-26 03:44:43","date_modified":"2026-06-26 03:44:43","permalink":{"id":234243,"object_type":"structure","relational_id":13364,"identifier":"2.1","token":"50\/2.1","url":"\/50\/2.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12957,"edition_id":1,"name":"Partnerships","identifier":"50","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234229,"object_type":"structure","relational_id":12957,"identifier":"50","token":"50","url":"\/50\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":65326,"structure_id":14983,"section_number":"50-73.36","catch_line":"Interim distributions","url":"\/50-73.36\/","token":"50\/2.1\/6\/50-73.36","metadata":false},{"id":68823,"structure_id":14983,"section_number":"50-73.37","catch_line":"Withdrawal of general partner","url":"\/50-73.37\/","token":"50\/2.1\/6\/50-73.37","metadata":false},{"id":57168,"structure_id":14983,"section_number":"50-73.38","catch_line":"Withdrawal of limited partner","url":"\/50-73.38\/","token":"50\/2.1\/6\/50-73.38","metadata":false},{"id":78156,"structure_id":14983,"section_number":"50-73.39","catch_line":"Repealed","url":"\/50-73.39\/","token":"50\/2.1\/6\/50-73.39","metadata":false},{"id":68362,"structure_id":14983,"section_number":"50-73.39:1","catch_line":"No right to distribution upon withdrawal","url":"\/50-73.39_1\/","token":"50\/2.1\/6\/50-73.39_1","metadata":false},{"id":68308,"structure_id":14983,"section_number":"50-73.40","catch_line":"Distribution in kind","url":"\/50-73.40\/","token":"50\/2.1\/6\/50-73.40","metadata":false},{"id":83754,"structure_id":14983,"section_number":"50-73.41","catch_line":"Right to distribution","url":"\/50-73.41\/","token":"50\/2.1\/6\/50-73.41","metadata":false},{"id":65769,"structure_id":14983,"section_number":"50-73.42","catch_line":"Limitations on distribution","url":"\/50-73.42\/","token":"50\/2.1\/6\/50-73.42","metadata":false},{"id":78147,"structure_id":14983,"section_number":"50-73.43","catch_line":"Liability upon return of contribution","url":"\/50-73.43\/","token":"50\/2.1\/6\/50-73.43","metadata":false}],"previous_section":{"id":65326,"structure_id":14983,"section_number":"50-73.36","catch_line":"Interim distributions","url":"\/50-73.36\/","token":"50\/2.1\/6\/50-73.36","metadata":false},"next_section":{"id":57168,"structure_id":14983,"section_number":"50-73.38","catch_line":"Withdrawal of limited partner","url":"\/50-73.38\/","token":"50\/2.1\/6\/50-73.38","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.37\/","history_text":"<p>This law was first created in 1985. The record of its establishment is cataloged in chapter 607 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1985 \u201cActs\u201d aren\u2019t available online.<\/p>","references":[{"id":69814,"section_number":"50-73.28","catch_line":"Events of withdrawal","order_by":null,"url":"\/50-73.28\/"}],"refers_to":false,"permalink":{"id":234503,"object_type":"law","relational_id":68823,"identifier":"50-73.37","token":"50\/2.1\/6\/50-73.37","url":"\/50-73.37\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/50-73.37\/","token":"50\/2.1\/6\/50-73.37","dublin_core":{"Title":"Withdrawal of general partner","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.37","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A <span class=\"dictionary\">general partner<\/span> may withdraw from a <span class=\"dictionary\">limited partnership<\/span> at any time by giving written notice to the other <span class=\"dictionary\">partners<\/span>, but if the withdrawal violates the <span class=\"dictionary\">partnership agreement<\/span>, the <span class=\"dictionary\">limited partnership<\/span> may recover from the withdrawing <span class=\"dictionary\">general partner<\/span> <span class=\"dictionary\">damages<\/span> for breach of the <span class=\"dictionary\">partnership agreement<\/span> and offset the <span class=\"dictionary\">damages<\/span> against the amount otherwise distributable to him in addition to any remedies otherwise available under applicable <span class=\"dictionary\">law<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nWITHDRAWAL OF GENERAL PARTNER (\u00a7 50-73.37)\n\nA general partner may withdraw from a limited partnership at any time by giving\nwritten notice to the other partners, but if the withdrawal violates the\npartnership agreement, the limited partnership may recover from the withdrawing\ngeneral partner damages for breach of the partnership agreement and offset the\ndamages against the amount otherwise distributable to him in addition to any\nremedies otherwise available under applicable law.\n\nHISTORY: 1985, c. 607.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}