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This entry was published on 2014-09-22
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SECTION 104

Compensation of limited partner

Partnership (PTR) CHAPTER 39, ARTICLE 8

§ 104. Compensation of limited partner. A limited partner may receive
from the partnership the share of the profits or the compensation by way
of income stipulated for in the certificate; provided, that after such
payment is made, whether from the property of the partnership or that of
a general partner, the partnership assets are in excess of all
liabilities of the partnership except liabilities to limited partners on
account of their contributions and to general partners.