Section 425E-602 - Effect of dissociation as a limited partner(a) Upon a person's dissociation as a limited partner: (1) Subject to section 425E-704, the person shall not have further rights as a limited partner;(2) The person's obligation of good faith and fair dealing as a limited partner under section 425E-305(b) continues only as to matters arising and events occurring before the dissociation; and(3) Subject to section 425E-704 and article 11, any transferable interest owned by the person in the person's capacity as a limited partner immediately before dissociation shall be owned by the person as a mere transferee.(b) A person's dissociation as a limited partner shall not of itself discharge the person from any obligation to the limited partnership or the other partners which the person incurred while a limited partner. L 2003, c 210 , pt of §1 .