Section 10A-8A-4.08 Right to Distribution. — United States — Alabama law | Esheria

Section 10A-8A-4.08 Right to Distribution.

If a partner is entitled to a distribution, the partner is treated like a creditor for that distribution and may use the creditor remedies available. The partnership’s duty to pay can be offset by amounts the partner or dissociated partner owes the partnership.

Jurisdiction
United States — Alabama
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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