Sec. 4. Distributions of cash or other assets of a limited partnership shall be allocated among the partners, and among classes and groups of partners, in the manner provided in the partnership agreement. If the partnership agreement does not so provide, distributions shall be made on the basis of the agreed value (as stated in the records of the limited partnership) of the contributions made by each partner to the extent they have been received by the limited partnership and have not been returned. IC 23-16-7 Chapter 7. Distributions and Withdrawals 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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