A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to 35-12-1216 (2), a limited partnership may distribute an asset in kind to the extent that each partner receives a percentage of the asset equal to the partner's share of distributions.
Mont. Code Ann. § 35-12-1005
Distributions in kind
Known as the Uniform Limited Partnership Act
The act spans §§ 35–35 (164 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.