Iowa Code § 488.503

Current through bills signed by governor as of 5/17/2024
Section 488.503 - Sharing of distributions

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.

Iowa Code § 488.503

2004 Acts, ch 1021, §45, 118