D.C. Code § 29-705.07

Right to distribution.

Last amended: 2013Year: 2026Length: 73 wordsOfficial source
If a partner or transferee becomes entitled to receive a distribution, the partner or transferee has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution. However, the limited partnership’s obligation to make a distribution shall be subject to offset for any amount owed to the limited partnership by the partner or dissociated partner on whose account the distribution is made.
D.C. Code § 29-705.07: Right to distribution. | Justis AI