North Carolina § 59-606 - Right to distribution.
Full text of North Carolina North Carolina General Statutes § 59-606 — Right to distribution., with citation guidance and answers to common questions.
§ 59-606. Right to distribution.
Subject to the other provisions of Part 6 of this Article, 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. History (1985 (Reg. Sess., 1986), c. 989, s. 2; 1999-362, s. 29.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 59-606
What does North Carolina General Statutes § 59-606 cover?
Section 59-606 ("Right to distribution.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 59-606?
A common citation format is "North Carolina General Statutes § 59-606" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 59-606 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.