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2022 Maryland Statutes
Corporations and Associations
Title 10 - Limited Partnership Act
Subtitle 6 - Distributions and Withdrawal
Section 10-601 - Interim Distributions
Universal Citation:
MD Corporations and Associations Code § 10-601 (2022)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
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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