Fla. Stat. § 620.1506

Current through the 2024 Legislative Session
Section 620.1506 - Distribution in kind

A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to s. 620.1813, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner's share of distributions.

Fla. Stat. § 620.1506

s.17, ch. 2005-267.