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2018 Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-13 Limited Partnerships
Section 7-13-36 Right to distribution.
Universal Citation: RI Gen L § 7-13-36 (2018)
§ 7-13-36. Right to distribution.
Subject to §§ 7-13-37 and 7-13-47, and unless otherwise provided in the partnership agreement at the time a partner becomes entitled to receive a distribution, he or she has the status of, and is entitled to all remedies available to, a creditor of the limited partnership as to the distribution. A partnership may provide for the establishment of a record date with respect to allocations and distributions by a limited partnership.
History of Section.
(P.L. 1985, ch. 390, § 2; P.L. 1989, ch. 379, § 1.)
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