2010 Georgia Code 14-9a-46 Case Law
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One Click Case Law for § 14-9a-46
O.C.G.A. § 14-9a-45 <-- --> O.C.G.A. §14-9a-47



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 9A - LIMITED PARTNERSHIPS
ARTICLE 1 - LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952
PART 3 - LIMITED PARTNERS
§ 14-9A-46 - Compensation

O.C.G.A. 14-9A-46 (2010)
14-9A-46. Compensation


A limited partner may receive from the partnership the share of the profits or the compensation by way of income stipulated in the certificate, provided that after such payment is made, whether from the property of the partnership or that of a general partner, the partnership assets are in excess of all liabilities of the partnership except liabilities to limited partners on account of their contributions and to general partners.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com