District of Columbia Statutes

§ 29-705.06 — Distribution in kind.

District of Columbia § 29-705.06
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 7Limited Partnerships.
Subch. VContributions and Distributions.

This text of District of Columbia § 29-705.06 (Distribution in kind.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 29-705.06 (2026).

Text

A partner shall not have a right to demand or receive any distribution from a limited partnership in any form other than money. Subject to § 29-708.09(b) , a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner’s share of distributions.

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Legislative History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(g)(6)(C), 59 DCR 13171

Nearby Sections

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District of Columbia § 29-705.06, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-705.06.