reglab/housing_qa huggingface dataset:
WY Stat § 17-14-503 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 5 - General Partners|Section 17-14-503 - General Powers and Liabilities.

17-14-503. General powers and liabilities.| (a) Except as provided in this act, in subsections (b) and (c) of this section or in the partnership agreement, a general partner of a limited partnership has the rights and powers and is subject to the restrictions and liabilities of a partner in a partnership without limited partners.  (b) A person that becomes a general partner of an existing limited partnership is not personally liable for an obligation of a limited partnership incurred before the person became a partner.  (c) An obligation of a limited partnership incurred while the limited partnership is a limited liability limited partnership, whether arising in contract, tort or otherwise, is solely the obligation of the limited partnership. A general partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for such an obligation solely by reason of being or acting as a general partner of a limited liability limited partnership. This subsection applies despite anything inconsistent in the partnership agreement that existed immediately before the election by all the partners to become a limited liability limited partnership. For purposes of this section, the obligation of a limited partnership under contract is deemed to arise at the time the limited partnership entered into the contract.
WY Stat § 17-14-504 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 5 - General Partners|Section 17-14-504 - Contributions By, and Distributions To, General Partner.

17-14-504. Contributions by, and distributions to, general partner.| A general partner of a limited partnership may make contributions to the partnership and share in the profits and losses of, and in the distributions from, the limited partnership as a general partner. A general partner also may make contributions to and share in profits, losses and distributions as a limited partner. A person who is both a general partner and a limited partner has the rights and powers, and is subject to the restrictions and liabilities, of a general partner and, except as provided in the partnership agreement, also has the powers, and is subject to the restrictions, of a limited partner to the extent of his participation in the partnership as a limited partner.
WY Stat § 17-14-505 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 5 - General Partners|Section 17-14-505 - Voting.

17-14-505. Voting.| The partnership agreement may grant to all or certain identified general partners the right to vote (on a per capita or any other basis), separately or with all or any class of the limited partners, on any matter.
WY Stat § 17-14-601 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 6 - Finance|Section 17-14-601 - Form of Contribution.

17-14-601. Form of contribution.| The contribution of a partner may be in cash, property or services rendered, or a promissory note or other obligation to contribute cash or property or to perform services.
WY Stat § 17-14-602 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 6 - Finance|Section 17-14-602 - Liability for Contribution.

17-14-602. Liability for contribution.| (a) A promise by a limited partner to contribute to the limited partnership is not enforceable unless set out in a writing signed by the limited partner.  (b) Except as provided in the partnership agreement, a partner is obligated to the limited partnership to perform any enforceable promise to contribute cash or property or to perform services, even if he is unable to perform because of death, disability or any other reason. If a partner does not make the required contribution of property or services, he is obligated at the option of the limited partnership to contribute cash equal to that portion of the value (as stated in the partnership records required to be kept pursuant to W.S. 17-14-206) of the stated contribution that has not been made.  (c) Unless otherwise provided in the partnership agreement, the obligation of a partner to make a contribution or return money or other property paid or distributed in violation of this act may be compromised only by consent of all the partners. Notwithstanding the compromise, a creditor of a limited partnership who extends credit, or otherwise acts in reliance on that obligation after the partner signs a writing which reflects the obligation, and before the amendment or cancellation thereof to reflect the compromise, may enforce the original obligation.
WY Stat § 17-14-603 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 6 - Finance|Section 17-14-603 - Sharing of Profits and Losses.

17-14-603. Sharing of profits and losses.| The profits and losses of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide in writing, profits and losses shall be allocated on the basis of the value (as stated in the partnership records required to be kept pursuant to W.S. 17-14-206) of the contributions made by each partner to the extent they have been received by the partnership and have not been returned.
WY Stat § 17-14-604 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 6 - Finance|Section 17-14-604 - Sharing of Distributions.

17-14-604. Sharing of distributions.| Distributions of cash or other assets of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide in writing, distributions shall be made on the basis of the value (as stated in the partnership records required to be kept pursuant to W.S. 17-14-206) of the contributions made by each partner to the extent they have been received by the partnership and have not been returned.
WY Stat § 17-14-701 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-701 - Interim Distributions.

17-14-701. Interim distributions.| (a) Except as provided in this article, a partner is entitled to receive distributions from a limited partnership before his withdrawal from the limited partnership and before the dissolution and winding up thereof to the extent and at the times or upon the happening of the events specified in the partnership agreement.  (i) Amended into (a) by Laws 1995, ch. 45, § 1.  (ii) Repealed by Laws 1995, ch. 45, § 2.
WY Stat § 17-14-702 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-702 - Withdrawal of General Partner.

17-14-702. Withdrawal of general partner.| 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.
WY Stat § 17-14-703 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-703 - Withdrawal of Limited Partner.

17-14-703. Withdrawal of limited partner.| (a) A limited partner may withdraw from a limited partnership at the time or upon the happening of events specified in writing in the partnership agreement. If the agreement does not specify in writing the time or the events upon the happening of which a limited partner may withdraw or a definite time for the dissolution and winding up of the limited partnership, a limited partner may withdraw upon not less than six (6) months prior written notice to each general partner at his address on the books of the limited partnership at its office in this state. The provisions of this subsection shall apply to limited partnerships formed under this act prior to July 1, 1999, unless the limited partnership properly adopts the provisions of subsection (b) of this section.  (b) A limited partner may only withdraw from a limited partnership at the time or upon the happening of events specified in writing in the partnership agreement. This subsection applies to limited partnerships formed under this act on or after July 1, 1999. A limited partnership formed under this act prior to July 1, 1999, may adopt the provisions of this subsection by filing a certificate of amendment with the secretary of state after July 1, 1999 that expressly refers to and adopts this subsection.
WY Stat § 17-14-704 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-704 - Distribution Upon Withdrawal.

17-14-704. Distribution upon withdrawal.| Except as provided in this article, upon withdrawal any withdrawing partner is entitled to receive any distribution to which he is entitled under the partnership agreement and, if not otherwise provided in the agreement, he is entitled to receive, within a reasonable time after withdrawal, the fair value of his interest in the limited partnership as of the date of withdrawal based upon his right to share in distributions from the limited partnership.
WY Stat § 17-14-705 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-705 - Distribution in Kind.

17-14-705. Distribution in kind.| Except as provided in writing in the partnership agreement, a partner, regardless of the nature of his contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership.
WY Stat § 17-14-706 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-706 - Right to Distribution.

17-14-706. Right to distribution.| At the time a partner becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.
WY Stat § 17-14-707 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-707 - Limitations on Distribution.

17-14-707. Limitations on distribution.| A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
WY Stat § 17-14-708 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 7 - Distributions and Withdrawal|Section 17-14-708 - Liability Upon Return of Contribution.

17-14-708. Liability upon return of contribution.| (a) If a partner has received the return of any part of his contribution without violation of the partnership agreement or this act, he is liable to the limited partnership for a period of one (1) year thereafter for the amount of the returned contribution, but only to the extent necessary to discharge the limited partnership's liabilities to creditors who extended credit to the limited partnership during the period the contribution was held by the partnership.  (b) If a partner has received the return of any part of his contribution in violation of the partnership agreement or this act, he is liable to the limited partnership for a period of six (6) years thereafter for the amount of the contribution wrongfully returned.  (c) A partner receives a return of his contribution to the extent that a distribution to him reduces his share of the fair value of the net assets of the limited partnership below the value (as set forth in the partnership records required to be kept pursuant to W.S. 17-14-206) of his contribution which has not been distributed to him.
WY Stat § 17-14-801 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 8 - Assignment of Partnership Interests|Section 17-14-801 - Nature of Partnership Interest.

17-14-801. Nature of partnership interest.| A partnership interest is personal property.
WY Stat § 17-14-802 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 8 - Assignment of Partnership Interests|Section 17-14-802 - Assignment of Partnership Interest.

17-14-802. Assignment of partnership interest.| Except as provided in the partnership agreement, a partnership interest is assignable in whole or in part. An assignment of a partnership interest does not dissolve a limited partnership or entitle the assignee to become or to exercise any rights of a partner. An assignment entitles the assignee to receive, to the extent assigned, only the distribution to which the assignor would be entitled. Except as provided in the partnership agreement, a partner ceases to be a partner upon assignment of all his partnership interest.
WY Stat § 17-14-803 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 8 - Assignment of Partnership Interests|Section 17-14-803 - Rights of Creditor.

17-14-803. Rights of creditor.| On application to a court of competent jurisdiction by any judgment creditor of a partner, the court may charge the partnership interest of the partner with payment of the unsatisfied amount of the judgment with interest. To the extent so charged, the judgment creditor has only the rights of an assignee of the partnership interest. This act does not deprive any partner of the benefit of any exemption laws applicable to his partnership interest.
WY Stat § 17-14-804 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 8 - Assignment of Partnership Interests|Section 17-14-804 - Right of Assignee to Become Limited Partner.

17-14-804. Right of assignee to become limited partner.| (a) An assignee of a partnership interest, including an assignee of a general partner, may become a limited partner if and to the extent that:  (i) The assignor gives the assignee that right in accordance with authority described in the partnership agreement; or  (ii) All other partners consent.  (b) An assignee who has become a limited partner has, to the extent assigned, the rights and powers, and is subject to the restrictions and liabilities, of a limited partner under the partnership agreement and this act. An assignee who becomes a limited partner also is liable for the obligations of his assignor to make and return contributions as provided in articles 6 and 7. However, the assignee is not obligated for liabilities unknown to the assignee at the time he became a limited partner.  (c) If an assignee of a partnership interest becomes a limited partner, the assignor is not released from his liability to the limited partnership under W.S. 17-14-307 and 17-14-602.
WY Stat § 17-14-805 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 8 - Assignment of Partnership Interests|Section 17-14-805 - Deceased or Incompetent Partner; Dissolved or Terminated Partner.

17-14-805. Deceased or incompetent partner; dissolved or terminated partner.| If a partner who is an individual dies or a court of competent jurisdiction adjudges him to be incompetent to manage his person or his property, the partner's executor, administrator, guardian, conservator or other legal representative may exercise all the partner's rights for the purpose of settling his estate or administering his property, including any power the partner had to give an assignee the right to become a limited partner. If a partner is a corporation, trust or other entity and is dissolved or terminated, the powers of that partner may be exercised by its legal representative or successor.
WY Stat § 17-14-901 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 9 - Dissolution|Section 17-14-901 - Nonjudicial Dissolution.

17-14-901. Nonjudicial dissolution.| (a) A limited partnership is dissolved and its affairs shall be wound up upon the happening of the first to occur of the following:  (i) At the time specified in the certificate of limited partnership;  (ii) Upon the happening of events specified in writing in the partnership agreement;  (iii) Written consent of all partners;  (iv) Repealed By Laws 1999, ch. 145, § 2.  (v) Entry of a decree of judicial dissolution under W.S. 17-14-902;  (vi) A vote to dissolve by all of the limited partners, or a number or percentage of limited partners specified in the partnership agreement, within ninety (90) days after an event of withdrawal of the last remaining general partner; or  (vii) The failure of the limited partners to admit or appoint another general partner within ninety (90) days after an event of withdrawal of the last remaining general partner.
WY Stat § 17-14-902 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 9 - Dissolution|Section 17-14-902 - Judicial Dissolution.

17-14-902. Judicial dissolution.| On application by or for a partner the district court may decree dissolution of a limited partnership whenever it is not reasonably practicable to carry on the business in conformity with the partnership agreement.
WY Stat § 17-14-903 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 9 - Dissolution|Section 17-14-903 - Winding Up.

17-14-903. Winding up.| Except as provided in the partnership agreement, the general partners who have not wrongfully dissolved a limited partnership or, if none, the limited partners, may wind up the limited partnership's affairs; but the district court may wind up the limited partnership's affairs upon application of any partner, his legal representative, or assignee.
WY Stat § 17-14-904 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 9 - Dissolution|Section 17-14-904 - Distribution of Assets.

17-14-904. Distribution of assets.| (a) Upon the winding up of a limited partnership, the assets shall be distributed as follows:  (i) To creditors, including partners who are creditors, to the extent permitted by law, in satisfaction of liabilities of the limited partnership other than liabilities for distributions to partners under W.S. 17-14-701 or 17-14-704;  (ii) Except as provided in the partnership agreement, to partners and former partners in satisfaction of liabilities for distributions under W.S. 17-14-701 or 17-14-704; and  (iii) Except as provided in the partnership agreement, to partners first for the return of their contributions and secondly respecting their partnership interests, in the proportions in which the partners share in distributions.
WY Stat § 17-14-905 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 9 - Dissolution|Section 17-14-905 - Reinstatement Following Administrative Dissolution.

17-14-905. Reinstatement following administrative dissolution.| (a) A Wyoming limited partnership administratively dissolved for failure to pay fees as provided in W.S. 17-14-209(c) may apply to the secretary of state for reinstatement within two (2) years after the effective date of dissolution. The application shall recite the name of the domestic limited partnership and the effective date of its administrative dissolution.  (b) A domestic limited partnership applying for reinstatement pursuant to subsection (a) of this section shall include payment of fees and taxes then delinquent and a reinstatement certificate fee prescribed by the secretary of state by rule.  (c) If the secretary of state determines that the application contains the information required by subsection (a) of this section, that the information is correct and the application contains the fees and taxes required by subsection (b) of this section, he shall cancel the certificate of dissolution and prepare a certificate of reinstatement that recites his determination and the effective date of reinstatement, file the original of the certificate and return a copy to the domestic limited partnership.  (d) When the reinstatement is effective, it relates back and takes effect as of the effective date of the administrative dissolution pursuant to W.S. 17-14-209(c) and the limited partnership resumes carrying on its business as if the administrative dissolution had never occurred.  (e) The domestic limited partnership shall retain its registered name during the two (2) year reinstatement period.
WY Stat § 17-14-1001 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 14 - Limited Partnerships|Article 10 - Foreign Limited Partnerships|Section 17-14-1001 - Law Governing.

17-14-1001. Law governing.| (a) Subject to the constitution of this state:  (i) The laws of the state under which a foreign limited partnership is organized govern its organization and internal affairs and the liability of its limited partners, unless the partnership has been issued a certificate of continuance pursuant to this article; and  (ii) A foreign limited partnership shall not be denied registration by reason of any difference between the laws of the state under which it was organized and the laws of this state.