TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 12. LIMITED PARTNERSHIPS

Part 9. Finance

Sharing Of Distributions

35-12-905. Sharing of distributions. A contribution of a partner may consist of tangible or intangible property or other benefit to the limited partnership, including money, services performed, promissory notes, other agreements to contribute cash or property, and contracts for services to be performed.

History: En. Sec. 42, Ch. 216, L. 2011.