Florida § 620.2120 - Limited partner’s acceptance of limited partnership’s offer.
Full text of Florida Florida Statutes § 620.2120 — Limited partner’s acceptance of limited partnership’s offer., with citation guidance and answers to common questions.
§ 620.2120. Limited partner’s acceptance of limited partnership’s offer.
(1) If the limited partner states on the form provided in s. 620.2118(1) that 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. 620.2119(1). (2) Upon payment of the agreed value, the limited partner shall cease to have any interest in the partnership interests.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 620.2120
What does Florida Statutes § 620.2120 cover?
Section 620.2120 ("Limited partner’s acceptance of limited partnership’s offer.") 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 § 620.2120?
A common citation format is "Florida Statutes § 620.2120" (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 § 620.2120 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.