Effect of dissociation as limited partner.
Miss. Code Ann. § 79-14-602
in effectIf a person is dissociated as a limited partner:
Subject to Section 79-14-704, the person does not have further rights as a limited partner; The person’s contractual obligation of good faith and fair dealing as a limited partner under Section 79-14-305(a) ends with regard to matters arising and events occurring after the person’s dissociation; and Subject to Section 79-14-704 and Article 11, any transferable interest owned by the person in the person’s capacity as a limited partner immediately before dissociation is owned by the person solely as a transferee.
A person’s dissociation as a limited partner does not of itself discharge the person from any debt, obligation, or other liability to the limited partnership or the other partners which the person incurred while a limited partner.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.79.htmlFetched: 10/18/2026