New Mexico Statutes
§ 54-2A-503 — Sharing of distributions
New Mexico § 54-2A-503
This text of New Mexico § 54-2A-503 (Sharing of distributions) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 54-2A-503 (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 records 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
Laws 2007, ch. 129, § 503.
Nearby Sections
15
§ 54-1-48
Repealed§ 54-1A-1001
Statement of qualification§ 54-1A-1002
Statement of qualification; name§ 54-1A-1003
Annual report§ 54-1A-101
Definitions§ 54-1A-102
Knowledge and notice§ 54-1A-103
Effect of partnership agreement; nonwaivable§ 54-1A-104
Supplemental principles of law§ 54-1A-106
Governing law§ 54-1A-1102
Statement of foreign qualification§ 54-1A-1103
Effect of failure to qualifyCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 54-2A-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/54/54-2A-503.