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2019 Hawaii Revised Statutes
TITLE 23. CORPORATIONS AND PARTNERSHIPS
425E. Uniform Limited Partnership Act
425E-506 Distribution in kind.
Universal Citation: HI Rev Stat § 425E-506 (2019)
§425E-506 Distribution in kind. A partner shall not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 425E-812(b), a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions. [L 2003, c 210, pt of §1]
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