Maryland Statutes

§ 10-601

Maryland·Article gca Corporations and Associations·Title 10

Except as otherwise provided in this subtitle:

(1)To the extent set forth in the partnership agreement, a partner is entitled to receive distributions from a limited partnership before his withdrawal and before the dissolution and winding up of the limited partnership; and
(2)To the extent set forth in the partnership agreement, a limited partner is entitled to receive distributions which constituted a return of any part of that limited partner’s contribution before his withdrawal and before the winding up of the limited partnership.

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Nearby Sections

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