Indiana Statutes
§ 23-16-7-4 — Distribution upon withdrawal
Indiana § 23-16-7-4
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 16LIMITED PARTNERSHIPS
Ch. 7Distributions and Withdrawals
This text of Indiana § 23-16-7-4 (Distribution upon withdrawal) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-16-7-4 (2026).
Text
Except as provided in this chapter, upon
withdrawal any withdrawing partner is entitled to receive any
distribution to which the withdrawing partner is entitled under the
partnership agreement and, if not otherwise provided in the partnership
agreement, the withdrawing partner is entitled to receive, within a
reasonable time after withdrawal, the fair value of the withdrawing
partner's interest in the limited partnership as of the date of withdrawal
based upon the withdrawing partner's right to share in distributions
from the limited partnership.
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Legislative History
As added by P.L.147-1988, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-16-7-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-16-7-4.