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Code · Hawaii · Hawaii Revised Statutes

[§425E-506] Distribution in kind.

65 words·~1 min read·/hi/425e-506

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[§425E-506] Distribution in kind. A partner shall not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 425E-812(b), 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. [L 2003, c 210, pt of §1]
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