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North Dakota · Through 2026-07-31T11:12:02

N.D. Cent. Code § 45-10.2-52: (507) Right to distribution

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Where this section sits in the code
  1. Title 45 Partnerships
  2. Chapter 45-10.2 Uniform Limited Partnership Act

When a partner or transferee becomes entitled to receive a distribution, the partner or transferee has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. However, the obligation of the limited partnership to make a distribution is subject to offset for any amount owed to the limited partnership by the partner or dissociated partner on whose account the distribution is made.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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