New Mexico Statutes 54-2A-504. Interim distributions
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A partner does not have a right to any distribution before the dissolution and winding up of the limited partnership unless the limited partnership decides to make an interim distribution.
Terms Used In New Mexico Statutes 54-2A-504
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.