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Code · Montana · Title 35 — Corporations, Partnerships, and Associations · Chapter 12 · Part 10

35-12-1005. Distributions in kind.

60 words·~1 min read·/mt/title-35/chapter-12/part-10/35-12-1005·

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35-12-1005 . Distributions 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 35-12-1216 (2), a limited partnership may distribute an asset in kind to the extent that each partner receives a percentage of the asset equal to the partner's share of distributions.
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