KRS 362.459: Sharing of distributions.
Where this section sits in the code
- KRS Chapter 362
Distributions of cash or other assets of a limited partnership shall be allocated among the
partners, and among classes of partners, in the manner provided in writing in the
partnership agreement. If the partnership agreement does not so provide in writing ,
distributions shall be made on the basis of the value, as stated in the partnership records
required to be kept pursuant to KRS 362.409, of the contributions made by each partner
to the extent they have been received by the partnership and have not been returned.
Collected 2026-09-05T20:58:55Z. Source file · JSON