Section 121-205. Execution, amendment or cancellation by judicial act  


Latest version.
  • (a)
      If a person required by section 121-204 of this  article  to  execute  a
      certificate  fails  or  refuses to do so, any partner, and any permitted
      assignee of a partnership interest, who is  adversely  affected  by  the
      failure  or  refusal  may  petition  the  supreme  court in the judicial
      district in which the office of the limited partnership  is  located  to
      direct  the  execution  of  the certificate. If the court finds that the
      certificate should be executed  and  that  such  person  has  failed  or
      refused  to  execute the certificate, it shall order such person to file
      an appropriate certificate.
        (b) If a person  contractually  obligated  to  execute  as  a  limited
      partner  a  partnership  agreement  of  an  existing partnership, or any
      amendment thereto, fails or refuses to  do  so,  any  partner,  and  any
      assignee  of  a  partnership  interest, who is adversely affected by the
      failure or refusal may  petition  the  supreme  court  in  the  judicial
      district  referred  to  in subdivision (a) of this section to direct the
      execution of the partnership agreement or amendment. If the court  finds
      that  such person has breached a contractual obligation binding upon him
      to execute the agreement or amendment, it shall enter an order  granting
      appropriate relief.