Florida § 620.1605 - Effect of dissociation as general partner.
Full text of Florida Florida Statutes § 620.1605 — Effect of dissociation as general partner., with citation guidance and answers to common questions.
§ 620.1605. Effect of dissociation as general partner.
(1) Upon a person’s dissociation as a general partner: (a) The person’s right to participate as a general partner in the management and conduct of the partnership’s activities terminates. (b) The person’s duty of loyalty as a general partner under s. 620.1408(2)(c) terminates. (c) The person’s duty of loyalty as a general partner under s. 620.1408(2)(a) and (b) and duty of care under s. 620.1408(3) continue only with regard to matters arising and events occurring before the person’s dissociation as a general partner. (2) The person may sign and deliver to the Department of State for filing a statement of dissociation pertaining to the person and, at the request of the limited partnership, shall sign an amendment to the certificate of limited partnership which states that the person has dissociated. (3) Subject to s. 620.1704 and ss. 620.2101-620.2125, any transferable interest owned by the person immediately before dissociation in the person’s capacity as a general partner is owned by the person as a mere transferee. (4) A person’s dissociation as a general partner does not of itself discharge the person from any obligation to the limited partnership or the other partners which the person incurred while a general partner.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 620.1605
What does Florida Statutes § 620.1605 cover?
Section 620.1605 ("Effect of dissociation as general partner.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 620.1605?
A common citation format is "Florida Statutes § 620.1605" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 620.1605 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.