N.Y. Partnership Law § 104: Compensation of limited partner

§ 104. Compensation of limited partner. 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.