A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required information when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.
N.D. Cent. Code § 45-10.2-48
(503) Sharing of distributions
Known as the North Dakota Uniform Limited Partnership Act
The act spans §§ 45–45 (119 sections).
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.