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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 34-24: Limitation on amount of distribution.

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Where this section sits in the code
  1. TITLE 34. LIMITED PARTNERSHIPS, PARTNERSHIPS, PROFESSIONAL ASSOCIATIONS, LIMITED LIABILITY COMPANIES AND STATUTORY TRUSTS
  2. CHAPTER 610*. UNIFORM LIMITED PARTNERSHIP ACT

A partner may not receive a distribution from a limited partnership to the extent that after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.

Collected 2026-09-06T19:07:11Z. Source file · JSON

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