Montana Statutes
§ 35-12-1005 — Distributions In Kind
Montana § 35-12-1005
JurisdictionMontana
Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
Ch. 12LIMITED PARTNERSHIPS
Part 10Distribution and Dissociation
This text of Montana § 35-12-1005 (Distributions In Kind) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 35-12-1005 (2026).
Text
35-12-1005 . Distributions in kind. A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to 35-12-1216 (2), a limited partnership may distribute an asset in kind to the extent that each partner receives a percentage of the asset equal to the partner's share of distributions.
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Legislative History
En. Sec. 38, Ch. 522, L. 1981; amd. Sec. 27, Ch. 268, L. 1997; amd. Sec. 45, Ch. 216, L. 2011.
Nearby Sections
15
§ 35-12-1001
Interim Distributions§ 35-12-1002
Repealed§ 35-12-1003
Repealed§ 35-12-1004
Repealed§ 35-12-1005
Distributions In Kind§ 35-12-1006
Right To Distributions§ 35-12-1007
Repealed§ 35-12-1008
Repealed§ 35-12-1009
No Distribution On Account Of Dissociation§ 35-12-101
Repealed§ 35-12-1010
Limitations On Distribution§ 35-12-1011
Liability For Improper Distributions§ 35-12-1012
Through 35-12-1015 Reserved§ 35-12-1016
Dissociation As Limited Partner§ 35-12-1017
Effect Of Dissociation As Limited PartnerCite This Page — Counsel Stack
Bluebook (online)
Montana § 35-12-1005, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/12/35-12-1005.