§ 23-16-7-1 Interim distributions
§ 23-16-7-2 Withdrawal of general partner
§ 23-16-7-3 Withdrawal of limited partner
§ 23-16-7-4 Distribution upon withdrawal
§ 23-16-7-5 Distribution in kind
§ 23-16-7-6 Right to distribution
§ 23-16-7-7 Limitations on distribution
§ 23-16-7-8 Liability upon return of contribution
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Terms Used In Indiana Code > Title 23 > Article 16 > Chapter 7 - Distributions and Withdrawals

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5