Ohio Code 1776.42 – Distributions in kind
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A partner has no right to receive, and is not required to accept, a distribution in kind.
Terms Used In Ohio Code 1776.42
- Distribution: means a transfer of money or other property from a partnership to a partner in the partner's capacity as a partner, or to a transferee of the partner. See Ohio Code 1776.01
- Partner: means a person admitted to a partnership as a partner. See Ohio Code 1776.01