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Section 17-14-705 - Distribution in Kind — Wyoming Law | CourtGPT
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  4. Title 17 - Corporations, Partnerships and Associations/
  5. Chapter 14 - Limited Partnerships/
  6. Article 7 - Distributions and Withdrawal/
  7. Section 17-14-705 - Distribution in Kind
Wyoming Legal Code

Section 17-14-705 - Distribution in Kind

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17-14-705. Distribution in kind. Except as provided in writing in the partnership agreement, a partner, regardless of the nature of his contribution, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to him exceeds a percentage of that asset which is equal to the percentage in which he shares in distributions from the limited partnership.