Hawaii Revised Statutes 425E-505 – No distribution on account of dissociation
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Terms Used In Hawaii Revised Statutes 425E-505
- Distribution: means a transfer of money or other property from a limited partnership to a partner in the partner's capacity as a partner or to a transferee on account of a transferable interest owned by the transferee. See Hawaii Revised Statutes 425E-102
- Person: includes any individual or entity. See Hawaii Revised Statutes 425E-102
A person shall not have a right to receive a distribution on account of dissociation.