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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1782.30 | Allocation of distributions.

Ohio Revised Code
/
Title 17 Corporations-Partnerships
/
Chapter 1782 Limited Partnerships
 
Effective:
July 1, 1994
Latest Legislation:
Senate Bill 74 - 120th General Assembly
PDF:
Download Authenticated PDF
 

Distributions of cash or other assets of a limited partnership shall be allocated among the partners and classes of partners in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide, distributions shall be made on the basis of the value, as stated in the partnership records required to be kept pursuant to section 1782.05 of the Revised Code, of the contributions made by each partner to the extent they have been received by the partnership and have not been returned.

Available Versions of this Section