Senate
House
Joint
Bill Status
WV Code
Audits/ Reports
Educational
Contact
home
home
WEST VIRGINIA CODE
‹ Back  |  print page Print
WVC 47 - 9 - 44 §47-9-44. Nonjudicial dissolution.

               A limited partnership is dissolved and its affairs shall be wound up upon the happening of the first to occur of the following:

               (1) At the time or upon the happening of events specified in the certificate of limited partnership;

               (2) Upon the happening of events specified in writing in the partnership agreement;

               (3) The written consent of all partners;

               (4) An event of withdrawal of a general partner, unless at the time there is at least one other general partner and the written provisions of the partnership agreement permit the business of the limited partnership to be carried on by the remaining general partner and that partner does so, but the limited partnership is not dissolved and is not required to be wound up by reason of any event of withdrawal if, within ninety days after the withdrawal, all partners agree in writing to continue the business of the limited partnership and to the appointment of one or more additional general partners if necessary or desired;

               (5) Entry of a decree of judicial dissolution under section forty-five of this article; or

               (6) Signing of a certificate of dissolution by the Secretary of State under section ten-a of this article. Note: WV Code updated with legislation passed through the 2013 1st Special Session
The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.

This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.  |  Terms of Use  |   Web Administrator   |   © 2014 West Virginia Legislature **