Section 449.1606 Status and Remedies of Partner as Creditor With Respect to Distribution.

MI Comp L § 449.1606 (2019) (N/A)
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Sec. 606.

At the time a partner becomes entitled to receive a distribution, the partner has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.

History: 1982, Act 213, Eff. Jan. 1, 1983