Missouri Revised Statutes Title XXIII. Corporations, Associations and Partnerships § 359.381. Limitation on distribution
Current as of January 01, 2023 | Updated by FindLaw Staff
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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.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XXIII. Corporations, Associations and Partnerships § 359.381. Limitation on distribution - last updated January 01, 2023 | https://codes.findlaw.com/mo/title-xxiii-corporations-associations-and-partnerships/mo-rev-st-359-381.html
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