A person does not have a right to receive a distribution on account of dissociation.
History: Laws 2007, ch. 129, § 505.
Effective dates. — Laws 2007, ch. 129, § 1208 made the section effective January 1, 2008.
Structure New Mexico Statutes
Article 2A - Uniform Revised Limited Partnership Act
Article 5 - Contributions and Distributions
Section 54-2A-501 - Form of contribution.
Section 54-2A-502 - Liability for contribution.
Section 54-2A-503 - Sharing of distributions.
Section 54-2A-504 - Interim distributions.
Section 54-2A-505 - No distribution on account of dissociation.
Section 54-2A-506 - Distribution in kind.
Section 54-2A-507 - Right to distribution.