Your Trusted Partner in Personal Injury & Workers' Compensation
Call Now: 904-383-7448Except as otherwise provided in the partnership agreement at the time a partner becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.
(Code 1981, §14-9-606, enacted by Ga. L. 1988, p. 1016, § 1.)
Note to Georgia Revised Uniform Limited Partnership Act This section provides a partner with a creditor's status and remedies in enforcing a right to receive a distribution.
Prior Georgia Law There is no comparable provision.
Comparison With Official RULPA This section is the same as the official version.
Cross-References Partner's right to receive a distribution on withdrawal: § 14-9-604. Partner's right to receive a distribution on dissolution: § 14-9-804.
- 59A Am. Jur. 2d, Partnership, § 824 et seq.
- 68 C.J.S., Partnership, § 610 et seq.
No results found for Georgia Code 14-9-606.