Mass. Gen. Laws ch. 109 § 37
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
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.
Mass. Gen. Laws ch. 109, § 37