6 Del. C. § 17-606: Right to distribution.
Where this section sits in the code
- Title 6. Commerce and Trade
- SUBTITLE II
- Other Laws Relating to Commerce and Trade
- CHAPTER 17. Limited Partnerships
- Subchapter VI. Distributions and Withdrawal
(a) Subject to §§ 17-607 and 17-804 of this title, and unless otherwise provided in the partnership agreement, at the time a partner becomes entitled to receive a distribution, he or she has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.
(b) A partnership agreement may provide for the establishment of a record date with respect to allocations and distributions by a limited partnership.
Collected 2026-09-05T23:02:07Z. Source file · JSON