Wyoming § 17-14-705 Distribution in kind

Wyoming Statutes

§ 17-14-705 — Distribution in kind

Wyoming § 17-14-705

Title 17Corporations, Partnerships and Associations

Ch. 14LIMITED PARTNERSHIPS

Art. 7DISTRIBUTIONS AND WITHDRAWAL

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Bluebook

Wyo. Stat. Ann. § 17-14-705 (2026).

Text

Except as provided in writing in the partnership agreement, a
partner, regardless of the nature of his contribution, has no
right to demand and receive any distribution from a limited
partnership in any form other than cash. Except as provided in
writing in the partnership agreement, a partner may not be
compelled to accept a distribution of any asset in kind from a
limited partnership to the extent that the percentage of the
asset distributed to him exceeds a percentage of that asset
which is equal to the percentage in which he shares in
distributions from the limited partnership.

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Except as provided in writing in the partnership agreement, a
partner, regardless of the nature of his contribution, has no
right to demand and receive any distribution from a limited
partnership in any form other than cash. Except as provided in
writing in the partnership agreement, a partner may not be
compelled to accept a distribution of any asset in kind from a
limited partnership to the extent that the percentage of the
asset distributed to him exceeds a percentage of that asset
which is equal to the percentage in which he shares in
distributions from the limited partnership.