New Jersey § 42:2a-43
Full text of New Jersey New Jersey Statutes § 42:2a-43, with citation guidance and answers to common questions.
§ 42:2a-43.
Distribution in cash or kind. Except as provided in the certificate of limited partnership, a partner, regardless
of the nature of his contribution, has no right to demand and receive any distribution
from a limited partnership in any form other than cash. Except as provided in the partnership agreement, a partner may not be compelled
to accept a distribution of any asset in kind from a limited partnership to the extent
that the percentage of the asset distributed to him exceeds a percentage of that asset
which is equal to the percentage in which he shares in distribution from the limited
partnership.
Frequently Asked Questions About New Jersey § 42:2a-43
What does New Jersey Statutes § 42:2a-43 cover?
Section 42:2a-43 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 42:2a-43?
A common citation format is "New Jersey Statutes § 42:2a-43" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 42:2a-43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.