GroundRules
Ala. Code § 10A-9A-5.06: Distribution in Kind.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 9A Alabama Limited Partnership Law.
- Article 5 Contributions and Distributions.
A partner does not have a right to demand and receive a distribution from a limited partnership in any form other than money. Except as otherwise provided in Section 10A-9A-8.09(c), a limited partnership may distribute an asset in kind if each partner receives a percentage of the asset in proportion to the partner’s share of distributions.
Collected 2026-09-03T14:01:53Z. Source file · JSON