Section 7-13-36 Right to distribution.

RI Gen L § 7-13-36 (2019) (N/A)
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§ 7-13-36. Right to distribution. Subject to §§ 7-13-37 and 7-13-47, and unless otherwise provided in the partnership agreement at the time a partner becomes entitled to receive a distribution, he or she has the status of, and is entitled to all remedies available to, a creditor of the limited partnership as to the distribution. A partnership may provide for the establishment of a record date with respect to allocations and distributions by a limited partnership.

History of Section. (P.L. 1985, ch. 390, § 2; P.L. 1989, ch. 379, § 1.)