{"data":{"id":"us-ky/krs-362.1-402","jurisdiction":"us-ky","citation":"KRS 362.1-402","heading":"Distributions in kind.","body":"(1) A partner, regardless of the nature of the partner's contribution, has no right to\ndemand and receive any distribution in kind from a partnership. A partner shall not\nbe compelled to accept a distribution of any asset in kind from a partnership to the\nextent that the percentage of the asset distributed to the partner exceeds a percentage\nof that asset which is equal to the percentage in which the partner shares in\ndistributions from the partnership. A partner may be compelled to accept a\ndistribution of any asset in kind from a partnership to the extent that the percentage\nof the asset distributed to the partner is equal to a percentage of that asset which is\nequal to the percentage in which the partner shares in distributions from the\npartnership.\n(2) The property of a partnership subject to this subchapter shall not be subject to KRS\n381.135(1)(a)1.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34486","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:57Z","sha256":"016fa89f1cc6243811eb7631ecce6dade4e66e3b6cb2d4b77b00a4e9e9e3b742","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.1-401","next":"us-ky/krs-362.1-403"},"notice":"GroundRules: Original legal text. Not legal advice."}