Tenn. Code Ann. § 61-2-606
This is the official text of Tenn. Code Ann. § 61-2-606, part of Tennessee’s Code Ann — part of the compiled statutory law of Tennessee, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Right to distribution
Official statutory text
Subject to §§ 61-2-607 and 61-2-804 , and unless otherwise provided in the partnership agreement, at the time a partner becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. A partnership agreement may provide for the establishment of a record date with respect to allocations and distributions by a limited partnership. Acts 1988, ch. 922, § 1; 1989, ch. 270, §§ 53, 54.
Subject to §§ 61-2-607 and 61-2-804 , and unless otherwise provided in the partnership agreement, at the time a partner becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. A partnership agreement may provide for the establishment of a record date with respect to allocations and distributions by a limited partnership.
Acts 1988, ch. 922, § 1; 1989, ch. 270, §§ 53, 54.
Subject to §§ 61-2-607 and 61-2-804 , and unless otherwise provided in the partnership agreement, at the time a partner becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. A partnership agreement may provide for the establishment of a record date with respect to allocations and distributions by a limited partnership.
Acts 1988, ch. 922, § 1; 1989, ch. 270, §§ 53, 54.
Status: in_force
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