{"data":{"id":"us-sc/s.c.-code-ann.-33-42-1070","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-42-1070","heading":"Limitations on distribution.","body":"A 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":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 42 Uniform Limited Partnership Act","ARTICLE 6 Distributions and Withdrawal"],"source_url":"https://www.scstatehouse.gov/code/t33c042.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:29Z","sha256":"7a8c1ae3680505ec0bb996613dd6be18ed971590c34724b520ac433015bc14d4","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-42-1060","next":"us-sc/s.c.-code-ann.-33-42-1080"},"notice":"GroundRules: Original legal text. Not legal advice."}