GroundRules
805 ILCS 215/503: Sharing of distributions.
Where this section sits in the code
- CHAPTER 805 BUSINESS ORGANIZATIONS
- Uniform Limited Partnership Act (2001).
A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.
Collected 2026-09-15T04:46:47Z. Source file · JSON