(1) If a partner has received the return of any part of the partners contribution without violation of the partnership agreement or this chapter, the partner is liable to the limited partnership for a period of one year after receipt of the return for the amount of the returned contribution, but only to the extent necessary to discharge the limited partnerships liabilities to creditors who extended credit to the limited partnership during the period the contribution was held by the partnership. (2) If a partner has received the return of any part of the partners contribution in violation of the partnership agreement or this chapter, the partner is liable to the limited partnership for a period of six years after receipt of the return for the amount of the contribution wrongfully returned. (3) A partner receives a return of the partners contribution to the extent that a distribution to the partner reduces the partners share of the fair value of the net assets of the limited partnership below the value of the partners contribution, as set forth in the partnership records required to be kept pursuant to ORS 70.050, that has not been distributed to the partner. ASSIGNMENT OF PARTNERSHIP INTERESTS
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