Arizona Laws 29-1032. Distributions in kind
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A partner has no right to receive, and may not be required to accept, a distribution in kind.
Terms Used In Arizona Laws 29-1032
- Distribution: means a transfer of money or other property from a partnership to a partner in the partner's capacity as a partner or to the partner's transferee. See Arizona Laws 29-1001
- Partner: means a general partner and, for purposes of article 9 of this chapter, both a general partner and a limited partner. See Arizona Laws 29-1001