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Georgia State Code
Title      14
Chapter       9  
Section Navigation   100 ... 109       201 ... 206.4 
 206.5 ... 402       403 ... 604   
     605 ... 803       804 ... 907   
   908 ... 1201     1202 ... 1204    
Section<<< 605 606 701 702 703 704 705 801 802 803 >>>  
Title 14, Chapter 9, Section 605 (14-9-605)

Except as provided in writing in the partnership agreement, a partner, regardless of the nature of his contribution, has no right to demand or to receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership.

Friday July 25 07:52 CDT


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