2010 Georgia Code 14-9-605 Case Law
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One Click Case Law for § 14-9-605
O.C.G.A. § 14-9-604 <-- --> O.C.G.A. §14-9-606



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 9 - REVISED UNIFORM LIMITED PARTNERSHIP ACT
ARTICLE 6 - DISTRIBUTIONS AND WITHDRAWAL
§ 14-9-605 - Form of distribution

O.C.G.A. 14-9-605 (2010)
14-9-605. Form of distribution


Except as provided in writing in the partnership agreement, a partner, regardless of the nature of his contribution, has no right to demand or to receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership.

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

graham@syfert.com