Delaware Statutes
§ 17-504 — Allocation of distributions
Delaware § 17-504
This text of Delaware § 17-504 (Allocation of distributions) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 6, § 17-504 (2026).
Text
Distributions of cash or other assets of a limited partnership shall be allocated among the partners, and among classes or groups of partners, in the manner provided in the partnership agreement. If the partnership agreement does not so provide, distributions shall be made on the basis of the agreed value (as stated in the records of the limited partnership) of the contributions made by each partner to the extent they have been received by the limited partnership and have not been returned.
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Legislative History
6 Del. C. 1953, § 1723; 59 Del. Laws, c. 105, § 1 ; 63 Del. Laws, c. 420, § 1 ; 65 Del. Laws, c. 188, § 1
Nearby Sections
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Right to bring action§ 17-1002
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IndemnificationCite This Page — Counsel Stack
Bluebook (online)
Delaware § 17-504, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/6/17-504.