35-12-1001. Interim distributions. Except as otherwise provided in 35-12-1001 through 35-12-1008, a partner is entitled to receive distributions from a limited partnership before his withdrawal from the limited partnership and before the dissolution and winding up thereof:
(1) to the extent and at the times or on the happening of the events specified in the partnership agreement; and
(2) if any distribution constitutes a return of any part of his contribution under 35-12-1008(3), to the extent and at the time or on the happening of the events specified in the certificate of limited partnership.
History: En. Sec. 34, Ch. 522, L. 1981.