GroundRules
Minn. Stat. § 321.0506: DISTRIBUTION IN KIND.
Where this section sits in the code
- BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
- CHAPTER 321. UNIFORM LIMITED PARTNERSHIP ACT 2001
- ARTICLE 5 CONTRIBUTIONS AND DISTRIBUTIONS
A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 321.0812(b), a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions.
Collected 2026-09-02T22:10:42Z. Source file · JSON