N.J. Stat. § 42:2A-39

Current through L. 2024, c. 87.
Section 42:2A-39 - Interim distributions

Except as provided in this article, a partner is entitled to receive distributions from a limited partnership before his withdrawal from the limited partnership and before the dissolution and winding up thereof:

a. To the extent and at the times or upon the happening of the events specified in the partnership agreement; and
b. If any distribution constitutes a return of any part of his contribution, to the extent and at the times or upon the happening of the events specified in the certificate of limited partnership.

N.J.S. § 42:2A-39

L.1983, c.489, s.38, eff. 4/1/1985.