Section 10-601 - Interim distributions. - Maryland Statutes

§ 10-601. Interim distributions.
 

Except as otherwise provided in this subtitle: 

(1) To the extent set forth in the partnership agreement, a partner is entitled to receive distributions from a limited partnership before his withdrawal and before the dissolution and winding up of the limited partnership; and 

(2) To the extent set forth in the partnership agreement, a limited partner is entitled to receive distributions which constituted a return of any part of that limited partner's contribution before his withdrawal and before the winding up of the limited partnership. 
 

[1981, ch. 801, § 2; 1983, ch. 507; 1988, ch. 550.]