N.C. Gen. Stat. § 59-606
Right to distribution
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
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.
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.
History
(1985 (Reg. Sess., 1986), c. 989, s. 2; 1999-362, s. 29.)
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.