No Distribution on Account of Dissociation.

  1. Law
  2. Code of Alabama
  3. Alabama Business and Nonprofit Entities Code.
  4. Alabama Limited Partnership Law.
  5. Contributions and Distributions.
  6. No Distribution on Account of Dissociation.

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Section 10A-9A-5.05

No distribution on account of dissociation.

A partner's dissociation does not entitle the dissociated partner to a distribution.

(Act 2016-379, §1.)


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