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N.C. Gen. Stat. § 59-606

Right to distribution

Known as the Revised Uniform Limited Partnership Act

The act spans §§ 59–59 (83 sections).

1985 (Reg

Subject to the other provisions of Part 6 of this Article, at the time a partner becomes entitled to receive a distribution, the partner has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.

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.