Minn. Stat. § 321.0506

Current through Register Vol. 49, No. 8, August 19, 2024
Section 321.0506 - DISTRIBUTION IN KIND

A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 321.0812(b), a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions.

Minn. Stat. § 321.0506

2004 c 199 art 5 s 48