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2020 Minnesota Statutes
Chapters 300 - 323A — Business, Social, And Charitable Organizations
Chapter 321 — Uniform Limited Partnership Act 2001
Section 321.0503 — Sharing Of Distributions.
Universal Citation:
MN Stat § 321.0503 (2020)
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321.0503 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 information when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.
History:2004 c 199 art 5 s 45
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