§ 15905.01 A contribution of a partner may consist of tangible or intangible …
§ 15905.02 (a) A partner’s obligation to contribute money or other property …
§ 15905.03 A distribution by a limited partnership must be shared among the …
§ 15905.035 The profits and losses of a limited partnership shall be allocated …
§ 15905.04 A partner does not have a right to any distribution before the …
§ 15905.05 A person does not have a right to receive a distribution on account …
§ 15905.06 A partner does not have a right to demand or receive any distribution …
§ 15905.07 When a partner or transferee becomes entitled to receive a …
§ 15905.08 (a) A limited partnership may not make a distribution in …
§ 15905.09 (a) A general partner that consents to a distribution made in …

Terms Used In California Codes > Corporations Code > Title 2 > Chapter 4.5 > Article 5 - Contributions and Distributions

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
  • County: includes city and county. See California Government Code 19
  • County: includes "city and county. See California Public Resources Code 14
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes any person, firm, association, organization, partnership, limited liability company, business trust, corporation, or company. See California Government Code 17
  • Person: includes a corporation as well as a natural person. See California Corporations Code 18
  • State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18
  • Subdivision: means a subdivision of the section in which the term occurs unless some other section is expressly mentioned. See California Government Code 10