Illinois Statutes
§ 505 — No distribution on account of dissociation
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 215/ Uniform Limited Partnership Act (2001).·Art. Article 5 - Contributions and Distributions
A person does not have a right to receive a distribution on account of dissociation.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 505 (No distribution on account of dissociation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 93-967, eff. 1-1-05.)
Nearby Sections
15
§ 50
§ 50§ 50-1
Annual reports§ 50-10
Fees§ 50-15
Penalty§ 50-30
(Repealed)§ 50-35
Forms§ 50-40
File number§ 50-55
Disposition of fees