2012 North Carolina General Statutes
Chapter 59 - Partnership.
Article 5 - Revised Uniform Limited Partnership Act.
Section 59-606 - Right to distribution.


NC Gen Stat § 59-606 (2012) What's This?

59-606. Right to distribution.

Subject to the other provisions of Part 6 of this Article, at the time a partner becomes entitled to receive a distribution, the partner has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. (1985 (Reg. Sess., 1986), c. 989, s. 2; 1999-362, s. 29.)


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