Me. Stat. tit. 31 § 1366
Current through 131st (2023-2024) Legislature Chapter 684
A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 1402, subsection 2, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions. [2005, c. 543, Pt. C, §2(NEW).]
31 M.R.S. § 1366