South Carolina § 33-42-1410 - Nonjudicial dissolution.
Full text of South Carolina South Carolina Code of Laws § 33-42-1410 — Nonjudicial dissolution., with citation guidance and answers to common questions.
§ 33-42-1410. Nonjudicial dissolution.
A limited partnership is dissolved and its affairs must be wound up upon the happening of the first to occur of the following:
(1) at the time specified in the certificate of limited partnership;
(2) upon the happening of events specified in writing in the partnership agreement;
(3) written consent of all partners;
(4) an event of withdrawal of a general partner unless (a) 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, or (b) within ninety days after the withdrawal, all remaining partners agree in writing to continue the business of the limited partnership and pursuant to SECTION 33-42-610 to the admission of one or more additional or substitute general partners if necessary or desired; or
(5) entry of a decree of judicial dissolution under SECTION 33-42-1420.
HISTORY: 1984 Act No. 491, SECTION 1; 1985 Act No. 11, SECTIONS 3, 4; 1986 Act No. 533, SECTION 1.
Frequently Asked Questions About South Carolina § 33-42-1410
What does South Carolina Code of Laws § 33-42-1410 cover?
Section 33-42-1410 ("Nonjudicial dissolution.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 33-42-1410?
A common citation format is "South Carolina Code of Laws § 33-42-1410" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 33-42-1410 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.