There Is a Newer Version of the New York Consolidated Laws
2012 New York Consolidated Laws
PTR - Partnership
Article 8 - (90 - 119) LIMITED PARTNERSHIPS.
103 - Relation of limited partners inter se.
NY Pship L § 103 (2012) What's This?
§ 103. Relation of limited partners inter se. Where there are several
limited partners the members may agree that one or more of the limited
partners shall have a priority over other limited partners as to the
return of their contributions, as to their compensation by way of
income, or as to any other matter. If such an agreement is made it shall
be stated in the certificate, and in the absence of such a statement all
the limited partners shall stand upon equal footing.
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
