2010 Wisconsin Code
Chapter 179. Uniform limited partnership act.
179.51 Interim distributions.

179.51

SUBCHAPTER VI
DISTRIBUTIONS AND WITHDRAWALS
179.51 Interim distributions. Except as provided in this subchapter, a partner is entitled to receive distributions from a limited partnership before his or her withdrawal from the limited partnership and before its dissolution and winding up thereof:

179.51(1)

(1) To the extent and at the times or upon the happening of the events specified in the partnership agreement; and

179.51(2)

(2) If any distribution constitutes a return of any part of his or her contribution under s. 179.58 (2), to the extent and at the times or upon the happening of the events specified in provisions of a certificate of limited partnership that are in existence on April 28, 1990.

179.51 - ANNOT.

History: 1983 a. 173; 1989 a. 232.

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