Wash. Rev. Code § 25.10.491

Current through the 2024 Regular Session
Section 25.10.491 - Right to distribution

When a partner or transferee becomes entitled to receive a distribution, the partner or transferee has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. However, the limited partnership's obligation to make a distribution is subject to offset for any amount due and payable to the limited partnership by the partner or dissociated partner on whose account the distribution is made.

RCW 25.10.491

Amended by 2022 c 42,§ 203, eff. 6/9/2022.
2009 c 188 § 507.