Statute · California Corporations Code
Cal. Corp. Code § 15905.03 — Contributions and Distributions
Cal. Corp. Code § 15905.03
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2007-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.
Citator
Cal. Corp. Code § 15905.03 — Contributions and Distributions is in force in the current edition of the Code, and nothing recorded condemns it.
A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.