{"data":{"id":"us-me/31-m.r.s.-1366","jurisdiction":"us-me","citation":"31 M.R.S. §1366","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 1402, subsection 2, 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":["TITLE 31: PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 19: UNIFORM LIMITED PARTNERSHIP ACT","SUBCHAPTER 5: CONTRIBUTIONS AND DISTRIBUTIONS"],"source_url":"https://legislature.maine.gov/statutes/31/title31sec1366.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:37Z","sha256":"d1e9281127b54f201854a43912554cf892e9bb9f975d147b8bb06cd06455bd5d","source_id":"us-me","stale":false,"prev":"us-me/31-m.r.s.-1365","next":"us-me/31-m.r.s.-1367"},"notice":"GroundRules: Original legal text. Not legal advice."}