{"data":{"id":"us-ca/corp-15905.07","jurisdiction":"us-ca","citation":"CORP § 15905.07","heading":"","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":["Corporations Code - CORP","TITLE 2. PARTNERSHIPS [15800. - 16962.]","CHAPTER 4.5. Uniform Limited Partnership Act of 2008 [15900. - 15912.07.]","ARTICLE 5. Contributions and Distributions [15905.01. - 15905.09.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"4b9cbc63116717a75a2a3ec53d5f6d9d67621cddfac98d27188f71300c51c95b","source_id":"us-ca","stale":false,"prev":"us-ca/corp-15905.06","next":"us-ca/corp-15905.08"},"notice":"GroundRules: Original legal text. Not legal advice."}
