Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 179. Uniform Limited Partnership Act |
SubChapter VI. DISTRIBUTIONS AND WITHDRAWALS |
Section 179.57. Limitations on distribution.
Latest version.
- A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.