N.J.S.A. 42:2A-39 — Interim distributions

42:2A-39. Interim distributions Interim distributions. Except as provided in this article, a partner is entitled to receive distributions from a limited partnership before his withdrawal from the limited partnership and before the dissolution and winding up thereof: a. To the extent and at the times or upon the happening of the events specified in the partnership agreement; and b. If any distribution constitutes a return of any part of his contribution, to the extent and at the times or upon the happening of the events specified in the certificate of limited partnership. L. 1983, c. 489, s. 38, eff. April 1, 1985.

This is the verbatim text of N.J.S.A. 42:2A-39, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.