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.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Chapter 47 - Uniform Limited Partnership Act (2001)
Subchapter 5 - Contributions and Distributions
§ 4-47-501. Form of contribution
§ 4-47-502. Liability for contribution
§ 4-47-503. Sharing of distributions
§ 4-47-504. Interim distributions
§ 4-47-505. No distribution on account of dissociation
§ 4-47-506. Distribution in kind
§ 4-47-507. Right to distribution