Haw. Rev. Stat. § 425E-506

Current through Chapter 253 of the 2024 Legislative Session
Section 425E-506 - Distribution in kind

A partner shall not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to section 425E-812(b), 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.

HRS § 425E-506

L 2003, c 210 , pt of §1 .