Missouri § 359.331 - Withdrawal of a general partner — notice to other partners — breach of partnership agreement, setoff of damages, when.
Full text of Missouri Revised Statutes of Missouri § 359.331 — Withdrawal of a general partner — notice to other partners — breach of partnership agreement, setoff of damages, when., with citation guidance and answers to common questions.
§ 359.331. Withdrawal of a general partner — notice to other partners — breach of partnership agreement, setoff of damages, when.
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.
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(L. 1985 H.B. 512 & 650)
Effective 1-01-87
---- end of effective 01 Jan 1987 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 359.331
What does Revised Statutes of Missouri § 359.331 cover?
Section 359.331 ("Withdrawal of a general partner — notice to other partners — breach of partnership agreement, setoff of damages, when.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. 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 Missouri § 359.331?
A common citation format is "Revised Statutes of Missouri § 359.331" (Missouri). 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 Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 359.331 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri 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 Missouri.