Washington § 25.10.571 - Nonjudicial dissolution.

Full text of Washington Revised Code of Washington § 25.10.571 — Nonjudicial dissolution., with citation guidance and answers to common questions.

§ 25.10.571. Nonjudicial dissolution.

Except as otherwise provided in RCW 25.10.576, a limited partnership is dissolved, and its activities must be wound up, only upon the occurrence of any of the following:
(1) The happening of an event specified in the partnership agreement;
(2) The consent of all general partners and of limited partners owning a majority of the rights to receive distributions as limited partners at the time the consent is to be effective;
(3) The passage of ninety days after the dissociation of a person as a general partner if following such dissociation the limited partnership does not have a remaining general partner unless before the end of the period:
(a) Consent to continue the activities of the limited partnership and admit at least one general partner is given by limited partners owning a majority of the rights to receive distributions as limited partners at the time the consent is to be effective; and
(b) At least one person is admitted as a general partner in accordance with the consent;
(4) The passage of ninety days after the dissociation of the limited partnership's last limited partner, unless before the end of the period the limited partnership admits at least one limited partner; or
(5) The signing and filing of a statement of administrative dissolution by the secretary of state under RCW 23.95.610.
[ 2015 c 176 s 6117; 2009 c 188 s 801.]

Notes

Effective date—Contingent effective date—2015 c 176: See note following RCW 23.95.100.

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Frequently Asked Questions About Washington § 25.10.571

What does Revised Code of Washington § 25.10.571 cover?

Section 25.10.571 ("Nonjudicial dissolution.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 25.10.571?

A common citation format is "Revised Code of Washington § 25.10.571" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 25.10.571 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington 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 Washington.