{"data":{"id":"us-il/805-ilcs-215-506","jurisdiction":"us-il","citation":"805 ILCS 215/506","heading":"Distribution in kind.","body":"A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to Section 812(b), a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","Uniform Limited Partnership Act (2001)."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2625\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"96f5c50e69a9a64811b95275e12ed3499242106716fec1c0727cfa7bdf881f0c","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-215-505","next":"us-il/805-ilcs-215-507"},"notice":"GroundRules: Original legal text. Not legal advice."}