[§425E-506] Distribution in kind. A partner shall not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 425E-812(b), a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions. [L 2003, c 210, pt of §1]
Section: Previous 425e-407 425e-408 425e-501 425e-502 425e-503 425e-504 425e-505 425e-506 425e-507 425e-508 425e-509 425e-601 425e-602 425e-603 425e-604 NextLast modified: October 27, 2016