Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
322.15 COMPENSATION OF LIMITED PARTNER.
A limited partner may receive from the partnership the share of the profits or the
compensation by way of income stipulated for 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.
History: (7367) 1919 c 498 s 15
A limited partner may receive from the partnership the share of the profits or the
compensation by way of income stipulated for 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.
History: (7367) 1919 c 498 s 15
Official Publication of the State of Minnesota
Revisor of Statutes