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than a transfer for security purposes, or a court order | charging the person's interest, that has not been | foreclosed; |
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| (3)__The person is a corporation and, within 90 days | after the limited partnership notifies the person that | it will be expelled as a limited partner because it has | filed a certificate of dissolution or the equivalent, | its charter has been revoked, or its right to conduct | business has been suspended by the jurisdiction of its | incorporation, there is no revocation of the | certificate of dissolution or no reinstatement of its | charter or its right to conduct business; or |
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| (4)__The person is a limited liability company or | partnership that has been dissolved and whose business | is being wound up; |
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| E.__On application by the limited partnership, the person's | expulsion as a limited partner by judicial determination | because: |
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| (1)__The person engaged in wrongful conduct that | adversely and materially affected the limited | partnership's activities; |
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| (2)__The person willfully or persistently committed a | material breach of the partnership agreement or of the | obligation of good faith and fair dealing under section | 1345, subsection 2; or |
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| (3)__The person engaged in conduct relating to the | limited partnership's activities that makes it not | reasonably practicable to carry on the activities with | the person as limited partner; |
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| F.__In the case of a person who is an individual, the | person's death; |
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| G.__In the case of a person that is a trust or is acting as | a limited partner by virtue of being a trustee of a trust, | distribution of the trust's entire transferable interest in | the limited partnership, but not merely by reason of the | substitution of a successor trustee; |
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| H.__In the case of a person that is an estate or is acting as a | limited partner by virtue of being a personal representative of | an estate, distribution of the estate's entire transferable | interest in the limited partnership, but |
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