2016 Idaho Statutes
Title 53 - PARTNERSHIP
Chapter 2 - UNIFORM LIMITED PARTNERSHIP ACT
Part 5 - CONTRIBUTIONS AND DISTRIBUTIONS
Section 53-2-503 - SHARING OF DISTRIBUTIONS.

ID Code § 53-2-503 (2016) What's This?

53-2-503. Sharing of distributions. A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.

History:
[53-2-503, added 2006, ch. 144, sec. 2, p. 428.]

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