Delaware Statutes
§ 17-605 — Distribution in kind
Delaware § 17-605
This text of Delaware § 17-605 (Distribution in kind) 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, § 17-605 (2026).
Text
Except as provided in the partnership agreement, a partner, regardless of the nature of the partner’s contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed exceeds a percentage of that asset which is equal to the percentage in which the partner shares in distributions from the limited partnership. Except as provided in the partnership agreement, a partner may be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed is equal to a
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Legislative History
6 Del. C. 1953, § 1716; 59 Del. Laws, c. 105, § 1 ; 63 Del. Laws, c. 420, § 1 ; 65 Del. Laws, c. 188, § 1 ; 69 Del. Laws, c. 258, § 37 ; 70 Del. Laws, c. 186, § 1
Nearby Sections
15
§ 17-1001
Right to bring action§ 17-1002
Proper plaintiff§ 17-1003
Complaint§ 17-1004
Expenses§ 17-101
Definitions§ 17-102
Name set forth in certificate§ 17-103
Reservation of name§ 17-108
IndemnificationCite This Page — Counsel Stack
Bluebook (online)
Delaware § 17-605, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/6/17-605.