{"data":{"id":"us-dc/d.c.-code-29-604.05","jurisdiction":"us-dc","citation":"D.C. Code § 29-604.05","heading":"Distributions in kind; sharing of and right to distribution before dissolution.","body":"(a)\nAny distributions made by a partnership before its dissolution and winding up must be in equal shares among partners, except to the extent necessary to comply with a transfer effective under § 29-605.03 or charging order in effect under § 29-605.04.\n\n(b)\nA person has a right to a distribution before the dissolution and winding up of a partnership only if the partnership decides to make an interim distribution.\n\n(c)\nA person does not have a right to demand or receive a distribution from a partnership in any form other than money. Except as otherwise provided in § 29-608.09, a partnership may distribute an asset in kind only if each part of the asset is fungible with each other part and each person receives a percentage of the asset equal in value to the person’s share of distributions.\n\n(d)\nIf 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 partnership with respect to the distribution. However, the partnership’s obligation to make a distribution is subject to offset for any amount owed to the partnership by the partner or a person dissociated as partner on whose account the distribution is made.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 6. General Partnerships.","Subchapter IV. Relations of Partners to Each Other and to Partnership."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-604.05","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ac924c83ca3a72b5f6f17e01aed729deaa1f66b2ca9b58451b08bb7461a25cf7","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-604.04","next":"us-dc/d.c.-code-29-604.06"},"notice":"GroundRules: Original legal text. Not legal advice."}