Minnesota Statutes
§ 321.0503 — SHARING OF DISTRIBUTIONS
Minnesota § 321.0503
JurisdictionMinnesota
PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Ch. 321UNIFORM LIMITED PARTNERSHIP ACT 2001
This text of Minnesota § 321.0503 (SHARING OF DISTRIBUTIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 321.0503 (2026).
Text
A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required information when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.
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Legislative History
2004 c 199 art 5 s 45
Nearby Sections
15
§ 321.0101
SHORT TITLE§ 321.0102
DEFINITIONS§ 321.0103
KNOWLEDGE AND NOTICE§ 321.0104
NATURE, PURPOSE, AND DURATION OF ENTITY§ 321.0105
POWERS§ 321.0106
GOVERNING LAW§ 321.0108
NAME§ 321.0109
RESERVATION OF NAME§ 321.0111
REQUIRED INFORMATION§ 321.0113
DUAL CAPACITY§ 321.0114
OFFICE AND AGENT FOR SERVICE OF PROCESSCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 321.0503, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/321/321.0503.