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Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:3434

82 words·~1 min read·/la/title-9/9-1050

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RS 9:3434
§3434. Restrictions on distributions
A partner that is not liable under R.S. 9:3431(A) shall not be individually liable for the return of a distribution from the partnership to satisfy the liabilities and obligations described in said Subsection A except to the extent that the partner is required to return the distribution in a revocatory action brought in accordance with Chapter 12 of Title IV of Book III of the Civil Code.
Acts 1993, No. 475, §3, eff. June 9, 1993.
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