GroundRules
18 GCA § 27313: Compensation of Limited Partner.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 4 - Partnership
- Chapter 27: Limited Partnerships
- ARTICLE 3: POWERS, RIGHTS, DUTIES AND LIABILITIES OF PARTNERS
A limited partner may receive from the partnership the share of the profits or the compensation by way of income stipulated for in the certificate; provided, that after such payment is made, whether from the property of the partnership or that of a general partner, the partnership assets are in excess of all liabilities of the partnership except liabilities to limited partners on account of their contributions and to general partners.
Collected 2026-09-27T03:55:28Z. Source file · JSON