§ 121-603. Withdrawal of a limited partner. (a) A limited partner may
withdraw from a limited partnership at the time or upon the happening of
events specified in the partnership agreement and in accordance with the
partnership agreement. Notwithstanding anything to the contrary under
applicable law, unless a partnership agreement provides otherwise, a
limited partner may not withdraw from a limited partnership prior to the
dissolution and winding up of the limited partnership. Notwithstanding
anything to the contrary under applicable law, a partnership agreement
may provide that a partnership interest may not be assigned prior to the
dissolution and winding up of the limited partnership.

(b) A limited partnership whose original certificate of limited
partnership was filed with the secretary of state and effective prior to
the effective date of this subdivision shall continue to be governed by
this section as in effect on such date and shall not be governed by this
section, unless otherwise provided in the partnership agreement.