23-16-9-4. Distribution of Assets
Sec. 4. Upon the winding up of a limited partnership, the assets shall be distributed as follows: (1) To creditors, including partners who are creditors, to the extent permitted by law, in satisfaction of liabilities of the limited partnership (whether by payment or by establishment of adequate reserves) other than liabilities for distributions to partners […]
23-16-9-1. Nonjudicial Dissolution
Sec. 1. (a) A limited partnership is dissolved and its affairs shall be wound up upon the occurrence of the first of the following: (1) At the time specified in the certificate of limited partnership. (2) Upon the occurrence of events specified in the partnership agreement. (3) Subject to a requirement in the partnership agreement […]
23-16-9-2. Judicial Dissolution
Sec. 2. On application by or for a partner, the circuit or superior court of the county in which the office of the limited partnership referred to in IC 23-0.5-4 is located may decree dissolution of a limited partnership whenever it is not reasonably practicable to carry on the business in conformity with the partnership […]
23-16-9-3. Winding Up
Sec. 3. (a) Unless otherwise provided in the partnership agreement, the general partners who have not wrongfully dissolved a limited partnership or, if none, the limited partners, may wind up the limited partnership’s affairs. However, the circuit or superior court of the county in which the office of the limited partnership referred to in IC […]
23-16-9-1. Nonjudicial Dissolution
Sec. 1. (a) A limited partnership is dissolved and its affairs shall be wound up upon the occurrence of the first of the following: (1) At the time specified in the certificate of limited partnership. (2) Upon the occurrence of events specified in the partnership agreement. (3) Subject to a requirement in the partnership agreement […]
23-16-9-2. Judicial Dissolution
Sec. 2. On application by or for a partner, the circuit or superior court of the county in which the office of the limited partnership referred to in IC 23-0.5-4 is located may decree dissolution of a limited partnership whenever it is not reasonably practicable to carry on the business in conformity with the partnership […]
23-16-9-3. Winding Up
Sec. 3. (a) Unless otherwise provided in the partnership agreement, the general partners who have not wrongfully dissolved a limited partnership or, if none, the limited partners, may wind up the limited partnership’s affairs. However, the circuit or superior court of the county in which the office of the limited partnership referred to in IC […]
23-16-9-4. Distribution of Assets
Sec. 4. Upon the winding up of a limited partnership, the assets shall be distributed as follows: (1) To creditors, including partners who are creditors, to the extent permitted by law, in satisfaction of liabilities of the limited partnership (whether by payment or by establishment of adequate reserves) other than liabilities for distributions to partners […]