2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 10-601 - Interim distributions


MD Corp & Assn Code § 10-601 (2013) What's This?

§10-601.

Except as otherwise provided in this subtitle:

(1) To the extent set forth in the partnership agreement, a partner is entitled to receive distributions from a limited partnership before his withdrawal and before the dissolution and winding up of the limited partnership; and

(2) To the extent set forth in the partnership agreement, a limited partner is entitled to receive distributions which constituted a return of any part of that limited partner’s contribution before his withdrawal and before the winding up of the limited partnership.

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