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2012 Florida Statutes
SECTION 1506
Distribution in kind.
Distribution in kind.
620.1506 Distribution in kind.—A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to s. 620.1813, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner’s share of distributions.
History.—s. 17, ch. 2005-267.