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Form a Business

Distribution in kind

NMSA 1978, § 54-2A-506
in effect
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54-2A-506. 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 Subsection B of Section 809 [54-2A-809 NMSA 1978] of the Uniform Revised Limited Partnership Act, 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. Laws 2007, ch. 129, § 506.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18557/index.do#!b/54-2A-506Fetched: 10/20/2026

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