There is a newer version of the West Virginia Code
2015 West Virginia Code
CHAPTER 47. REGULATION OF TRADE
ARTICLE 9. UNIFORM LIMITED PARTNERSHIP ACT.
§47-9-37. Limitations on distribution.
WV Code § 47-9-37 (2015) What's This?
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.
Disclaimer: These codes may not be the most recent version. West Virginia 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
