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Kentucky · Snapshot 09/05/2026

KRS 362.459: Sharing of distributions.

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Where this section sits in the code
  1. 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

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