§ 10-607. Return of contribution
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 10-607
§ 10-607. Return of contribution
A partner may not receive a return of his contribution to a limited partnership to the extent that, after giving effect to the return of his contribution, all liabilities of the limited partnership, other than liabilities to partners for the return of their contributions, exceed the fair value of the limited partnership assets.
Credits
Added by Acts 1981, c. 801, § 2. Amended by Acts 1997, c. 654, § 2, eff. July 1, 1998.
MD Code, Corporations and Associations, § 10-607, MD CORP & ASSNS § 10-607
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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