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§ 500-503A. Sharing of distributions

Oklahoma Statutes AnnotatedTitle 54. Partnership

Oklahoma Statutes Annotated
Title 54. Partnership
Chapter 9. Uniform Limited Partnership Act of 2010 (Refs & Annos)
Article 5. Contributions and Distributions
54 Okl.St.Ann. § 500-503A
§ 500-503A. Sharing of distributions
SHARING OF DISTRIBUTIONS.
A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.

Credits

Laws 2010, c. 384, § 45, eff. Jan. 1, 2011.
54 Okl. St. Ann. § 500-503A, OK ST T. 54 § 500-503A
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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