N.D. Cent. Code § 45-10.2-51

Current through 2024 Legislative Session
Section 45-10.2-51 - (506) Distribution in kind

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 subsection 2 of section 45-10.2-75, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the share of distributions of the partner.

N.D.C.C. § 45-10.2-51