A partner has no right to receive, and may not be required to accept, a distribution in kind.
Cal. Corp. Code § 16402
Relations of Partners to Each Other and to Partnership
Known as the Uniform Partnership Act
The act spans §§ 16100–16962 (85 sections).
Applied in 1 court decision — leading case 122 Cal. App. 4th 797 - Navarro v. Perron (2004)
Most recently applied in 122 Cal. App. 4th 797 - Navarro v. Perron (September 2004)
Added by Stats. 1996, Ch. 1003, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.