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2018 Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 359 - Uniform Limited Partnership Law
Section 359.381 Limitation on distribution.
Universal Citation: MO Rev Stat § 359.381 (2018)
Effective 01 Jan 1987, see footnote
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 359359.381. Limitation on distribution. — A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
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(L. 1985 H.B. 512 & 650)
Effective 1-01-87
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