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Kansas · Through 2025 legislative session

K.S.A. 56-1a355: Distribution in kind.

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Where this section sits in the code
  1. Chapter 56.—PARTNERSHIPS
  2. Article 1a.—REVISED UNIFORM LIMITED PARTNERSHIP ACT

Except as provided in writing in the partnership agreement, a partner, regardless of the nature of the partner's contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in writing 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 the partner exceeds a percentage of that asset which is equal to the percentage in which the partner shares in distributions from the limited partnership.

Collected 2026-10-15T06:19:51Z. Source file · JSON

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