KRS 362.469: Distribution in kind.
Where this section sits in the code
- KRS Chapter 362
Except as provided in writing in the partnership agreement:
(1) A partner, regardless of the nature of his contribution, shall not demand or receive
any distribution from a limited partnership in any form other than cash.
(2) A partner shall not be compell ed to accept a distribution of any asset in kind from a
limited partnership to the extent that the percentage of the asset distributed to him
exceeds a percentage of that asset which is equal to the percentage in which he
shares in distributions from the limited partnership.
Collected 2026-09-05T20:58:55Z. Source file · JSON