A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
Mo. Rev. Stat. § 359.381
Limitation on distribution
Known as the Missouri Revised Uniform Limited Partnership Act
The act spans §§ 359–359 (71 sections).
Effective: 01 Jan 1987, see footnote; (L. 1985 H.B. 512 & 650)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.