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Section 10-601 - Interim Distributions — Maryland Law | CourtGPT
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  7. Section 10-601 - Interim Distributions
Maryland Legal Code

Section 10-601 - Interim Distributions

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Except as otherwise provided in this subtitle: (1) To the extent set forth in the partnership agreement, a partner is entitled to receive distributions from a limited partnership before his withdrawal and before the dissolution and winding up of the limited partnership; and (2) To the extent set forth in the partnership agreement, a limited partner is entitled to receive distributions which constituted a return of any part of that limited partner’s contribution before his withdrawal and before the winding up of the limited partnership.