{"data":{"id":"us-ar/ark.-code-ann.-4-47-507","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-47-507","heading":"Right to distribution","body":"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 limited partnership's obligation 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.","path":["AR Code","Title 4","Chapter 47","Subchapter 5"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"ec6077700b41928ea891a40dd2b3552df853dec4839959e4b7bbafd8e747dd1b","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-47-506","next":"us-ar/ark.-code-ann.-4-47-508"},"notice":"GroundRules: Original legal text. Not legal advice."}