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West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

W. Va. Code § 47-9-35: Distribution in kind.

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Where this section sits in the code
  1. CHAPTER 47. REGULATION OF TRADE.
  2. ARTICLE 9. UNIFORM LIMITED PARTNERSHIP ACT.

Except as provided in writing in the partnership agreement, a partner, regardless of the nature of his contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership.

Collected 2026-09-06T00:30:08Z. Source file · JSON

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