reglab/housing_qa huggingface dataset:
FL Stat § 620.1509 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1509 - Liability for improper distributions.

620.1509 Liability for improper distributions.—(1) A general partner that consents to a distribution made in violation of s. 620.1508 is personally liable to the limited partnership for the amount of the distribution which exceeds the amount that could have been distributed without the violation if it is established that in consenting to the distribution the general partner failed to comply with s. 620.1408.(2) A partner or transferee that received a distribution knowing that the distribution to that partner or transferee was made in violation of s. 620.1508 is personally liable to the limited partnership but only to the extent that the distribution received by the partner or transferee exceeded the amount that could have been properly paid under s. 620.1508.(3) A general partner against which an action is commenced under subsection (1) may:(a) Implead in the action any other person that is liable under subsection (1) and compel contribution from the person.(b) Implead in the action any person that received a distribution in violation of subsection (2) and compel contribution from the person in the amount the person received in violation of subsection (2).(4) An action under this section is barred if it is not commenced within 2 years after the distribution.History.—s. 17, ch. 2005-267.
FL Stat § 620.1602 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1602 - Effect of dissociation as limited partner.

620.1602 Effect of dissociation as limited partner.—(1) Upon a person’s dissociation as a limited partner:(a) Subject to s. 620.1704, the person does not have further rights as a limited partner.(b) The person’s obligation of good faith and fair dealing as a limited partner under s. 620.1305(2) continues only as to matters arising and events occurring before the dissociation and such person’s duties, if any, under s. 620.1305(1) terminate or continue in the same manner as provided in s. 620.1605(1)(b) and (c).(c) Subject to s. 620.1704 and ss. 620.2101-620.2125, any transferable interest owned by the person in the person’s capacity as a limited partner immediately before dissociation is owned by the person as a mere transferee.(2) A person’s dissociation as a limited partner does not of itself discharge the person from any obligation to the limited partnership or the other partners which the person incurred while a limited partner.History.—s. 17, ch. 2005-267.
FL Stat § 620.1604 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1604 - Person’s power to dissociate as general partner; wrongful dissociation.

620.1604 Person’s power to dissociate as general partner; wrongful dissociation.—(1) A person has the power to dissociate as a general partner at any time, rightfully or wrongfully, by express will pursuant to s. 620.1603(1).(2) A person’s dissociation as a general partner is wrongful only if:(a) It is in breach of an express provision of the partnership agreement; or(b) It occurs before the termination of the limited partnership, and:1. The person withdraws as a general partner by express will;2. The person is expelled as a general partner by judicial determination under s. 620.1603(5);3. The person is dissociated as a general partner by becoming a debtor in bankruptcy; or4. In the case of a person that is not an individual, trust other than a business trust, or estate, the person is expelled or otherwise dissociated as a general partner because it willfully dissolved or terminated.(3) A person that wrongfully dissociates as a general partner is liable to the limited partnership and, subject to s. 620.2001, to the other partners for damages caused by the dissociation. The liability is in addition to any other obligation of the general partner to the limited partnership or to the other partners.History.—s. 17, ch. 2005-267.
FL Stat § 620.1605 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1605 - Effect of dissociation as general partner.

620.1605 Effect of dissociation as general partner.—(1) Upon a person’s dissociation as a general partner:(a) The person’s right to participate as a general partner in the management and conduct of the partnership’s activities terminates.(b) The person’s duty of loyalty as a general partner under s. 620.1408(2)(c) terminates.(c) The person’s duty of loyalty as a general partner under s. 620.1408(2)(a) and (b) and duty of care under s. 620.1408(3) continue only with regard to matters arising and events occurring before the person’s dissociation as a general partner.(2) The person may sign and deliver to the Department of State for filing a statement of dissociation pertaining to the person and, at the request of the limited partnership, shall sign an amendment to the certificate of limited partnership which states that the person has dissociated.(3) Subject to s. 620.1704 and ss. 620.2101-620.2125, any transferable interest owned by the person immediately before dissociation in the person’s capacity as a general partner is owned by the person as a mere transferee.(4) A person’s dissociation as a general partner does not of itself discharge the person from any obligation to the limited partnership or the other partners which the person incurred while a general partner.History.—s. 17, ch. 2005-267.
FL Stat § 620.1606 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1606 - Power to bind and liability to limited partnership before dissolution of partnership of person dissociated as general partner.

620.1606 Power to bind and liability to limited partnership before dissolution of partnership of person dissociated as general partner.—(1) After a person is dissociated as a general partner and before the limited partnership is dissolved, converted under s. 620.2102, or merged out of existence under s. 620.2106, the limited partnership is bound by an act of the person only if:(a) The act would have bound the limited partnership under s. 620.1402 before the dissociation.(b) At the time the other party enters into the transaction:1. Less than 2 years have passed since the dissociation.2. The other party does not have notice of the dissociation and reasonably believes that the person is a general partner.(2) If a limited partnership is bound under subsection (1), the person dissociated as a general partner which caused the limited partnership to be bound is liable:(a) To the limited partnership for any damage caused to the limited partnership arising from the obligation incurred under subsection (1).(b) If a general partner or another person dissociated as a general partner is liable for the obligation, to the general partner or other person for any damage caused to the general partner or other person arising from the liability.History.—s. 17, ch. 2005-267.
FL Stat § 620.1607 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1607 - Liability to other persons of person dissociated as general partner.

620.1607 Liability to other persons of person dissociated as general partner.—(1) A person’s dissociation as a general partner does not of itself discharge the person’s liability as a general partner for an obligation of the limited partnership incurred before dissociation. Except as otherwise provided in subsections (2) and (3), the person is not liable for a limited partnership’s obligation incurred after dissociation.(2) A person whose dissociation as a general partner resulted in a dissolution and winding up of the limited partnership’s activities is liable to the same extent as a general partner under s. 620.1404 on an obligation incurred by the limited partnership under s. 620.1804.(3) A person that has dissociated as a general partner but whose dissociation did not result in a dissolution and winding up of the limited partnership’s activities is liable on a transaction entered into by the limited partnership after the dissociation only if:(a) A general partner would be liable on the transaction.(b) At the time the other party enters into the transaction:1. Less than 2 years have passed since the dissociation.2. The other party does not have notice of the dissociation and reasonably believes that the person is a general partner.(4) By agreement with a creditor of a limited partnership and the limited partnership, a person dissociated as a general partner may be released from liability for an obligation of the limited partnership.(5) A person dissociated as a general partner is released from liability for an obligation of the limited partnership if the limited partnership’s creditor, with notice of the person’s dissociation as a general partner but without the person’s consent, agrees to a material alteration in the nature or time of payment of the obligation.History.—s. 17, ch. 2005-267.
FL Stat § 620.1701 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1701 - Partner’s transferable interest; certificates.

620.1701 Partner’s transferable interest; certificates.—(1) The only interest of a partner which is transferable is the partner’s transferable interest. A transferable interest is personal property.(2) The partnership agreement may provide that a partner’s interest in a limited partnership may be evidenced by a certificate issued by the limited partnership and may also provide for the assignment or transfer of any interest in the limited partnership represented by such a certificate and make other provisions with respect to such certificates.History.—s. 17, ch. 2005-267.
FL Stat § 620.1702 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1702 - Transfer of partner’s transferable interest.

620.1702 Transfer of partner’s transferable interest.—(1) A transfer, in whole or in part, of a partner’s transferable interest:(a) Is permissible.(b) Does not by itself cause the partner’s dissociation or a dissolution and winding up of the limited partnership’s activities.(c) Does not, as against the other partners or the limited partnership, entitle the transferee to participate in the management or conduct of the limited partnership’s activities, to require access to any information to which a limited partner would otherwise have access under s. 620.1304, except as otherwise provided in subsection (3), or to inspect or copy the required information or the limited partnership’s other records.(2) A transferee has a right to receive, in accordance with the transfer:(a) Distributions to which the transferor would otherwise be entitled.(b) Upon the dissolution and winding up of the limited partnership’s activities the net amount otherwise distributable to the transferor.(3) In a dissolution and winding up, a transferee is entitled to an account of the limited partnership’s transactions only from the date of dissolution.(4) Upon transfer, the transferor retains the rights of a partner other than the interest in distributions transferred and retains all duties and obligations of a partner.(5) A limited partnership need not give effect to a transferee’s rights under this section until the limited partnership has notice of the transfer.(6) A transfer of a partner’s transferable interest in the limited partnership in violation of a restriction on transfer contained in the partnership agreement is ineffective as to a person having notice of the restriction at the time of transfer.(7) A transferee that becomes a partner with respect to a transferable interest is liable for the transferor’s obligations under ss. 620.1502 and 620.1509. However, the transferee is not obligated for liabilities unknown to the transferee at the time the transferee became a partner.History.—s. 17, ch. 2005-267.
FL Stat § 620.1703 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1703 - Rights of creditor of partner or transferee.

620.1703 Rights of creditor of partner or transferee.—(1) On application to a court of competent jurisdiction by any judgment creditor of a partner or transferee, the court may charge the partnership interest of the partner or transferable interest of a transferee with payment of the unsatisfied amount of the judgment with interest. To the extent so charged, the judgment creditor has only the rights of a transferee of the partnership interest.(2) This act shall not deprive any partner or transferee of the benefit of an exemption law applicable to the partner’s partnership or transferee’s transferable interest.(3) This section provides the exclusive remedy which a judgment creditor of a partner or transferee may use to satisfy a judgment out of the judgment debtor’s interest in the limited partnership or transferable interest. Other remedies, including foreclosure on the partner’s interest in the limited partnership or a transferee’s transferable interest and a court order for directions, accounts, and inquiries that the debtor general or limited partner might have made, are not available to the judgment creditor attempting to satisfy the judgment out of the judgment debtor’s interest in the limited partnership and may not be ordered by a court.History.—s. 17, ch. 2005-267.
FL Stat § 620.1704 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1704 - Power of estate of deceased partner.

620.1704 Power of estate of deceased partner.—If a partner dies, the deceased partner’s personal representative or other legal representative may exercise the rights of a transferee as provided in s. 620.1702 and, for the purposes of settling the estate, may exercise the rights of a current limited partner under s. 620.1304.History.—s. 17, ch. 2005-267.
FL Stat § 620.1801 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1801 - Nonjudicial dissolution.

620.1801 Nonjudicial dissolution.—(1) Except as otherwise provided in s. 620.1802, a limited partnership is dissolved, and its activities must be wound up, only upon the occurrence of any of the following:(a) The happening of an event specified in the partnership agreement;(b) The consent of all general partners and of all limited partners;(c) After the dissociation of a person as a general partner:1. If the limited partnership has at least one remaining general partner, the consent to dissolve the limited partnership by all partners at the time the consent is to be effective; or2. If the limited partnership does not have a remaining general partner, the passage of 90 days after the dissociation, 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 all partners at the time the consent is to be effective;b. At least one person is admitted as a general partner in accordance with the consent;(d) The passage of 90 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(e) The signing and filing of a declaration of dissolution by the Department of State under s. 620.1809(3).(2) Upon the occurrence of an event specified in paragraphs (1)(a)-(d), the limited partnership shall file a certificate of dissolution as provided in s. 620.1203.History.—s. 17, ch. 2005-267.
FL Stat § 620.1802 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1802 - Judicial dissolution.

620.1802 Judicial dissolution.—On application by a partner, the circuit court may order dissolution of a limited partnership if it is not reasonably practicable to carry on the activities of the limited partnership in conformity with the partnership agreement.History.—s. 17, ch. 2005-267.
FL Stat § 620.1803 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1803 - Winding up.

620.1803 Winding up.—(1) A limited partnership continues after dissolution only for the purpose of winding up its activities.(2) In winding up its activities, the limited partnership:(a) May preserve the limited partnership business or property as a going concern for a reasonable time, prosecute and defend actions and proceedings, whether civil, criminal, or administrative, transfer the limited partnership’s property, settle disputes by mediation or arbitration, and perform other necessary acts.(b) Shall discharge, make provision for, or otherwise address the limited partnership’s liabilities, settle and close the limited partnership’s activities, and marshal and distribute the assets of the partnership.(c) May file a statement of termination as provided in s. 620.1203.(3) If a dissolved limited partnership does not have a general partner, a person to wind up the dissolved limited partnership’s activities may be appointed by the consent of limited partners owning a majority of the rights to receive distributions as limited partners at the time the consent is to be effective. A person appointed under this subsection:(a) Has the powers of a general partner under s. 620.1804.(b) Shall promptly amend the certificate of limited partnership to state:1. That the limited partnership does not have a general partner.2. The name of the person that has been appointed to wind up the limited partnership.3. The street and mailing address of the person.(4) On the application of any partner, the circuit court may order judicial supervision of the winding up, including the appointment of a person to wind up the dissolved limited partnership’s activities, if:(a) A limited partnership does not have a general partner and within a reasonable time following the dissolution no person has been appointed pursuant to subsection (3); or(b) The applicant establishes other good cause.History.—s. 17, ch. 2005-267.
FL Stat § 620.1804 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1804 - Power of general partner and person dissociated as general partner to bind partnership after dissolution.

620.1804 Power of general partner and person dissociated as general partner to bind partnership after dissolution.—(1) A limited partnership is bound by a general partner’s act after dissolution which:(a) Is appropriate for winding up the limited partnership’s activities; or(b) Would have bound the limited partnership under s. 620.1402 before dissolution, if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution.(2) A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if:(a) At the time the other party enters into the transaction:1. Less than 2 years have passed since the dissociation.2. The other party does not have notice of the dissociation and reasonably believes that the person is a general partner.(b) The act:1. Is appropriate for winding up the limited partnership’s activities; or2. Would have bound the limited partnership under s. 620.1402 before dissolution and at the time the other party enters into the transaction the other party does not have notice of the dissolution.History.—s. 17, ch. 2005-267.
FL Stat § 620.1805 (2021)
2021 Florida Statutes|Title XXXVI - Business Organizations|Chapter 620 - Partnership Laws|Part I - Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)|620.1805 - Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and persons dissociated as general partner.

620.1805 Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and persons dissociated as general partner.—(1) If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under s. 620.1804(1) by an act that is not appropriate for winding up the partnership’s activities, the general partner is liable:(a) To the limited partnership for any damage caused to the limited partnership arising from the obligation.(b) If another general partner or a person dissociated as a general partner is liable for the obligation, to that other general partner or person for any damage caused to that other general partner or person arising from the liability.(2) If a person dissociated as a general partner causes a limited partnership to incur an obligation under s. 620.1804(2), the person is liable:(a) To the limited partnership for any damage caused to the limited partnership arising from the obligation.(b) If a general partner or another person dissociated as a general partner is liable for the obligation, to the general partner or other person for any damage caused to the general partner or other person arising from the liability.History.—s. 17, ch. 2005-267.