Distribution in kind

Florida Statutes

Section: 620.1506

Jurisdiction: FL

Bluebook Citation: Fla. Stat. § 620.1506

Distribution 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 s. 620.1813 , 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.

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