29-330. Sharing of distributions
Distributions of cash or other assets of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide in writing, distributions shall be made on the basis of the value as stated in the partnership records required to be kept pursuant to section 29-305 of the contributions made by each partner to the extent they have been received by the partnership and have not been returned.
Section: Previous 29-323 29-324 29-325 29-326 29-327 29-328 29-329 29-330 29-331 29-332 29-333 29-334 29-335 29-336 29-337 NextLast modified: October 13, 2016