US Lawyer Database

Sec. 32.11.820. Reservation of name.

(a) The exclusive right to the use of a name may be reserved by (1) a person intending to organize a limited partnership under this chapter and to adopt that name; (2) a domestic limited partnership or a foreign limited partnership registered in this state that, in either case, intends to adopt that name; (3) […]

Sec. 32.11.830. Specified office and agent.

(a) A limited partnership shall continuously maintain in this state (1) an office, which may but need not be a place of its business in this state, at which shall be kept the records required by AS 32.11.840 to be maintained; and (2) an agent for service of process on the limited partnership, which agent […]

Sec. 32.11.410. Law governing.

Subject to the Constitution of the State of Alaska, (1) the laws of the state under which a foreign limited partnership is organized govern its organization and internal affairs and the liability of its limited partners; and (2) a foreign limited partnership may not be denied registration by reason of a difference between those laws […]

Sec. 32.11.260. Withdrawal of limited partner.

A limited partner may not withdraw from a limited partnership except at the time or upon the happening of events specified in the partnership agreement. Notwithstanding anything to the contrary under applicable law, unless the partnership agreement provides otherwise, a limited partner may not withdraw from a limited partnership before the dissolution and winding up […]

Sec. 32.11.270. Distribution upon withdrawal.

Except as provided in AS 32.11.240 – 32.11.310, upon withdrawal a withdrawing partner is entitled to receive a distribution to which the withdrawing partner is entitled under the partnership agreement and, if not otherwise provided in the agreement, the withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value of […]

Sec. 32.11.280. Distribution in kind.

Except as provided in writing in the partnership agreement, a partner, regardless of the nature of the partner’s contribution, does not have the right to demand and receive a distribution from a limited partnership in a form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled […]

Sec. 32.11.290. Right to distribution.

At the time a partner becomes entitled to receive a distribution, the partner has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the distribution.

Sec. 32.11.300. Limitations on distribution.

A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.

Sec. 32.11.310. Liability upon return of contribution.

(a) If a partner has received the return of a part of the partner’s contribution without violation of the partnership agreement or this chapter, the partner is liable to the limited partnership for a period of one year thereafter for the amount of the returned contribution, but only to the extent necessary to discharge the […]