A partner shall not have a right to any distribution before the dissolution and winding up of the limited partnership unless the limited partnership decides to make an interim distribution.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Uniform Law: This section is based on § 504 of the Uniform Limited Partnership Act (2001 Act).
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 7 - Limited Partnerships
Subchapter V - Contributions and Distributions
§ 29–705.01. Form of contribution
§ 29–705.02. Liability for contributions
§ 29–705.03. Sharing of distributions
§ 29–705.04. Interim distributions
§ 29–705.05. No distribution on account of dissociation
§ 29–705.06. Distribution in kind
§ 29–705.07. Right to distribution