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N.C. Gen. Stat. § 59-601

Interim distributions

Known as the Revised Uniform Limited Partnership Act

The act spans §§ 59–59 (83 sections).

1985 (Reg

Except as provided in this Article, a partner is entitled to receive distributions from a limited partnership before his withdrawal from the limited partnership and before the dissolution and winding up thereof to the extent and at the times or upon the happening of the events specified in the partnership agreement.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.