{"data":{"id":"us-vt/11-v.s.a.-3455","jurisdiction":"us-vt","citation":"11 V.S.A. § 3455","heading":"Distribution in kind","body":"Except as provided in writing in the partnership agreement, a partner, regardless of the nature of his or her contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, 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 or her exceeds a percentage of that asset which is equal to the percentage in which he or she shares in distributions from the limited partnership.","path":["Title 11: Corporations, Partnerships and Associations","Chapter 023: Limited Partnerships","Subchapter 006: DISTRIBUTIONS AND WITHDRAWAL"],"source_url":"https://legislature.vermont.gov/statutes/section/11/023/03455","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:00:51Z","sha256":"0fcc117727481e73703800fa40927a3fee28dc852ac07e882ce088d657a9cdac","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-3454","next":"us-vt/11-v.s.a.-3456"},"notice":"GroundRules: Original legal text. Not legal advice."}
