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Current as of January 01, 2024 | Updated by Findlaw Staff
A limited partnership association from time to time may divide the profits of its business as a majority of its managers determine. Such division of profits shall not, at the time it is made diminish or impair the capital of the association. Anyone consenting to a dividend which diminishes or impairs the capital shall be liable to any person injured thereby, to the amount of such diminution or impairment.
Cite this article: FindLaw.com - Ohio Revised Code Title XVII. Corporations Partnerships § 1783.10 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xvii-corporations-partnerships/oh-rev-code-sect-1783-10/
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