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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 322.15: COMPENSATION OF LIMITED PARTNER.

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Where this section sits in the code
  1. BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
  2. CHAPTER 322. 1919 UNIFORM LIMITED PARTNERSHIP ACT

A limited partner may receive from the partnership the share of the profits or the compensation by way of income stipulated for in the certificate; provided, that, after such payment is made, whether from the property of the partnership or that of a general partner, the partnership assets are in excess of all liabilities of the partnership except liabilities to limited partners on account of their contributions and to general partners.

Collected 2026-09-02T22:10:42Z. Source file · JSON

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