Conn. Gen. Stat. § 34-20c: Distributions in cash to partner; distributions in kind, when permitted.
Where this section sits in the code
- TITLE 34. LIMITED PARTNERSHIPS, PARTNERSHIPS, PROFESSIONAL ASSOCIATIONS, LIMITED LIABILITY COMPANIES AND STATUTORY TRUSTS
- CHAPTER 610*. UNIFORM LIMITED PARTNERSHIP ACT
Except as provided in the partnership agreement, a partner, regardless of the nature of his contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership.
Collected 2026-09-06T19:07:11Z. Source file · JSON