Section 449.1606 - Status and remedies of partner as creditor with respect to distribution.

MICHIGAN REVISED UNIFORM LIMITED PARTNERSHIP ACT (EXCERPT)
Act 213 of 1982

449.1606 Status and remedies of partner as creditor with respect to distribution.

Sec. 606.

At the time a partner becomes entitled to receive a distribution, the partner has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.


History: 1982, Act 213, Eff. Jan. 1, 1983