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Code · North Carolina · Chapter 59 — Partnership

§ 59-606. Right to distribution.

63 words·~1 min read·/nc/chapter-59/59-606

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§ 59-606. Right to distribution.
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.)
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