GroundRules
N.D. Cent. Code § 45-10.2-51: (506) Distribution in kind
Where this section sits in the code
- Title 45 Partnerships
- Chapter 45-10.2 Uniform Limited Partnership Act
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 subsection 2 of section 45-10.2-75, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the share of distributions of the partner.
Collected 2026-09-02T21:04:14Z. Source file · JSON