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Alaska Statutes.
Title 32. Partnership
Chapter 11. Uniform Limited Partnership Act
Section 300. Limitations On Distribution.
previous: Section 290. Right to Distribution.
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AS 32.11.300. Limitations On Distribution.

A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interest, exceed the fair value of the partnership assets.

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Last modified 9/3/2005