{"data":{"id":"us-nc/n.c.-gen.-stat.-59-605","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 59-605","heading":"Distribution in kind.","body":"Except as provided in writing in the limited partnership agreement, (1) a partner, regardless of the nature of his contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash; and (2) a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership. (1985 (Reg. Sess., 1986), c. 989, s. 2.)","path":["Chapter 59. Partnership.","Article 5. Revised Uniform Limited Partnership Act.","Part 6. Distribution and Withdrawal."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_59/GS_59-605.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:07:02Z","sha256":"f823fc9c7f96be1359c65b9ce30af2918484c41b7bab456e9dc0f853a0e3ea91","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-59-604","next":"us-nc/n.c.-gen.-stat.-59-606"},"notice":"GroundRules: Original legal text. Not legal advice."}