Missouri Revised Statutes

Chapter 359
Uniform Limited Partnership Law
Section 359.381

August 28, 2007


Limitation on distribution.

359.381. A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.

(L. 1985 H.B. 512 & 650)

Effective 1-1-87


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