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  • SECTION 103
    Relation of limited partners inter se
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  • ARTICLE 8
    Limited Partnerships
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  • SECTION 105
    Withdrawal or reduction of limited partner's contribution
    • 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.