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Chapter 322A
Section 322A.51
Topics
Recent History
- 2004 322A.51 Repealed 2004 c 199 art 12 s 107
This is an historical version of this statute chapter. Also view the most recent published version.
322A.51 Limitations on distribution.
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.
HIST: 1980 c 582 art 5 s 37
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Revisor of Statutes