The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 11: Corporations, Partnerships and Associations
Chapter 023: Limited Partnerships
- Subchapter 001: General Provisions
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§ 3401. Definitions
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§ 3402. Name
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§ 3403. Reservation of name
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§ 3404. Specified office and agent
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§ 3405. Records to be kept
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§ 3406. Nature of business
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§ 3407. Business transactions of partner with partnership
- Subchapter 002: Certificate of Limited Partnership
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§ 3411. Certificate of limited partnership
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§ 3412. Amendment to certificate
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§ 3413. Cancellation of certificate
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§ 3414. Execution of certificates
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§ 3415. Execution by judicial act
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§ 3416. Filing in Office of Secretary of State
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§ 3417. Liability for false statement in certificate
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§ 3418. Scope of notice
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§ 3419. Delivery of certificates to limited partners
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§ 3420. Fees
- Subchapter 003: Limited Partners
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§ 3421. Admission of limited partners
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§ 3422. Voting
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§ 3423. Liability to third parties
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§ 3424. Person erroneously believing himself or herself limited partner
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§ 3425. Information
- Subchapter 004: General Partners
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§ 3431. Admission of additional general partners
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§ 3432. Events of withdrawal
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§ 3433. General powers and liabilities
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§ 3434. Contributions by general partner
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§ 3435. Voting
- Subchapter 005: Finance
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§ 3441. Form of contribution
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§ 3442. Liability for contribution
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§ 3443. Sharing of profits and losses
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§ 3444. Sharing of distributions
- Subchapter 006: Distributions and Withdrawal
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§ 3451. Interim distributions
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§ 3452. Withdrawal of general partner
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§ 3453. Withdrawal of limited partner
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§ 3454. Distribution upon withdrawal
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§ 3455. Distribution in kind
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§ 3456. Right to distribution
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§ 3457. Limitations on distribution
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§ 3458. Liability upon return of contribution
- Subchapter 007: Assignment of Partnership Interests
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§ 3461. Nature of partnership interest
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§ 3462. Assignment of partnership interest
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§ 3463. Rights of creditor
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§ 3464. Right of assignee to become limited partner
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§ 3465. Power of estate of deceased or partner who is incompetent
- Subchapter 008: Dissolution
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§ 3471. Nonjudicial dissolution
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§ 3472. Judicial dissolution
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§ 3473. Winding up
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§ 3474. Distribution of assets
- Subchapter 009: Foreign Limited Partnerships
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§ 3481. Law governing
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§ 3482. Registration
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§ 3483. Issuance of registration
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§ 3484. Name
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§ 3485. Changes and amendments
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§ 3486. Cancellation of registration
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§ 3487. Transaction of business without registration
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§ 3488. Action by Attorney General
- Subchapter 010: Derivative Actions
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§ 3491. Right of action
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§ 3492. Proper plaintiff
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§ 3493. Pleading
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§ 3494. Expenses
- Subchapter 011: Miscellaneous
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§ 3501. Construction and application
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§ 3502. Rules for cases not provided for in this chapter
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§ 3503. Savings clause