N.Y. PTR Law § 121-601
This is the official text of N.Y. PTR Law § 121-601, part of New York’s PTR Law — part of the compiled statutory law of New York, published by the state as "PTR Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Interim distributions
Official statutory text
§ 121-601. Interim distributions. Except as provided in this article,\na partner is entitled to receive distributions from a limited\npartnership before his withdrawal from the limited partnership and\nbefore the dissolution and winding up thereof to the extent and at the\ntimes or upon the happening of the events specified in the partnership\nagreement.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.