Mass. Gen. Laws ch. 109 § 37
Current through Chapter 373 of the 2024 Legislative Session, with the exception of Acts not available as of 1/14/2025
A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
Mass. Gen. Laws ch. 109, § 37