Vermont § 3471 - 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:
Full text of Vermont Vermont Statutes Online § 3471 — 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:, with citation guidance and answers to common questions.
§ 3471. 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 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 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 90
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; or (5) entry of a decree of judicial dissolution under section 3472 of this title. (Added 1997, No. 149 (Adj
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3471
What does Vermont Statutes Online § 3471 cover?
Section 3471 ("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:") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 3471?
A common citation format is "Vermont Statutes Online § 3471" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3471 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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