25.10.486  <<  25.10.491 >>   25.10.496

Right to distribution.

*** CHANGE IN 2022 *** (SEE 5489.SL) ***
When a partner or transferee becomes entitled to receive a distribution, the partner or transferee has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. However, the limited partnership's obligation to make a distribution is subject to offset for any amount owed to the limited partnership by the partner or dissociated partner on whose account the distribution is made.
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