Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter59. Partnership. |
Article5. Revised Uniform Limited Partnership Act |
Part6. Distribution and Withdrawal |
§59-606. Right to distribution
Latest version.
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Subject to the other provisions of Part 6 of this Article, at the time a partner becomes entitled to receive a distribution, the partner has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.
(1985 (Reg. Sess., 1986), c. 989, s. 2; 1999-362, s. 29.)