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Massachusetts · Through amendments passed before May 31, 2026

Mass. Gen. Laws ch. 109, § 37: Limitations on distribution

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Where this section sits in the code
  1. Part I
  2. Title XV
  3. Chapter 109

Section 37. A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.

Collected 2026-09-17T05:22:34Z. Source file · JSON

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