Statutes, codes, and regulations
North Dakota Century Code
Title 45 - PARTNERSHIPS
Chapter 45-10.2 - UNIFORM LIMITED PARTNERSHIP ACT
Section 45-10.2-48 - (503) Sharing of distributions

N.D. Cent. Code § 45-10.2-48

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Current through 2023 Legislative Sessions
Section 45-10.2-48 - (503) Sharing of distributions

A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required information when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.

N.D.C.C. § 45-10.2-48