Interim distributions.

Checkout our iOS App for a better way to browser and research.

Except as provided in this part 6, a partner is entitled to receive distributions from a limited partnership before the partner's withdrawal from the limited partnership and before the dissolution and winding up thereof to the extent and at the times or upon the happening of the events stated in the partnership agreement.

Source: L. 81: Entire article added, p. 444, § 1, effective November 1. L. 86: Entire section R&RE, p. 456, § 25, effective July 1. L. 2003: Entire section amended, p. 2246, § 138, effective July 1, 2004. L. 2004: Entire section amended, p. 1444, § 136, effective July 1.


Download our app to see the most-to-date content.