{"data":{"id":"us-id/idaho-code-30-23-405","jurisdiction":"us-id","citation":"Idaho Code § 30-23-405","heading":"SHARING OF AND RIGHT TO DISTRIBUTIONS BEFORE DISSOLUTION.","body":"(a) Any 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 section 30-23-503, Idaho Code, or charging order in effect under section 30-23-504, Idaho Code.\n(b) Subject to section 30-23-701, Idaho Code, a 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(c) A 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 section 30-23-806, Idaho Code, 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(d) If a partner or transferee becomes entitled to receive a distribution, the partner or transferee 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 30 CORPORATIONS","CHAPTER 23 GENERAL PARTNERSHIPS","PART 4 RELATIONS OF PARTNERS TO EACH OTHER AND TO PARTNERSHIP"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch23/sect30-23-405/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:35Z","sha256":"c7adaeb1d119dd8915e9ae8246d7a612d14d301bdd22ed5248a3bbb94627c758","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-23-404","next":"us-id/idaho-code-30-23-406"},"notice":"GroundRules: Original legal text. Not legal advice."}