West Virginia Statutes
§ 47-9-37 — Limitations on distribution
West Virginia § 47-9-37
This text of West Virginia § 47-9-37 (Limitations on distribution) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 47-9-37 (2026).
Text
A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
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Legislative History
1981 Reg. Sess., HB987
Nearby Sections
15
§ 47-1-1
Definitions§ 47-1-10
Requirements for type evaluation§ 47-1-11
Requirements for motor fuel§ 47-1-12
Misrepresentation of quantity§ 47-1-13
Misrepresentation of pricing§ 47-1-14
Method of sale§ 47-1-15
Sale from bulk§ 47-1-16
Information required on packages§ 47-1-18
Advertising packages for sale§ 47-1-19
State weights and measures division§ 47-1-2
State standards§ 47-1-20
State measurement laboratory§ 47-1-21
Registration of business§ 47-1-22
Civil penaltiesCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 47-9-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/47/47-9-37.