{"data":{"id":"us-nj/n.j.-stat.-42-3-13","jurisdiction":"us-nj","citation":"N.J. Stat. § 42:3-13","heading":"Division of profits of business","body":"A limited partnership association may, from time to time, divide the profits  of its business in such manner and in such an amount as a majority of its  managers may determine, which profits so divided shall not at the time diminish  or impair the capital of the association.  Any one consenting to a dividend  which shall diminish or impair the capital shall be liable to any person  interested or injured thereby to the amount of such diminution or impairment.","path":["TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"792af383e4d4e1c9aed03c15fe3d91e5da2c2de9603efe0e11552b5a3143cb7c","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-42-3-12","next":"us-nj/n.j.-stat.-42-3-13.1"},"notice":"GroundRules: Original legal text. Not legal advice."}