Section 1783.09 | Levy on Individual Property of Members.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If an execution or other process in the nature of execution has been issued against the property of a limited partnership association, and if there cannot be found sufficient property on which to levy or enforce such process, then such execution or […]
Section 1783.10 | Dividends.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A limited partnership association from time to time may divide the profits of its business as a majority of its managers determine. Such division of profits shall not, at the time it is made diminish or impair the capital of the association. […]