Section 10A-9A-5.07 Right to Distribution.
A partner entitled to a distribution is treated like a creditor for that distribution, and the partnership’s duty to pay can be reduced by amounts the partner or related dissociated partner owes the partnership.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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distributions setoff
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Section 10A-9A-5.07 Right to Distribution.
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