{"data":{"id":"us-mi/mich.-comp.-laws-449.1607","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 449.1607","heading":"Distribution; limitation.","body":"Sec. 607.\n\nA partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.","path":["MI Code","Chapter 449","Act Act-213-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-449-1607","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"75d107f5758dccb0e0a9c30b626b7c71a0f89a1e2c6730bb928a33be7eb20e9d","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-449.1606","next":"us-mi/mich.-comp.-laws-449.1608"},"notice":"GroundRules: Original legal text. Not legal advice."}