                                 CODE OF VIRGINIA

JUDICIAL DISSOLUTION (§ 50-73.50)

A. On application by or for a partner, the circuit court of the locality in
which the registered office is located may decree dissolution of a limited
partnership if it is not reasonably practicable to carry on the business in
conformity with the partnership agreement.

B. When the winding up of the affairs of the limited partnership has been
completed, the court shall so advise the Commission, which shall enter an order
of cancellation of the limited partnership&#8217;s existence.

HISTORY: 1985, c. 607; 1987, c. 702; 2008, c. 586.