Examples of Partnership Property in a sentence
Name of Limited Partnership Property Location (number and street)Date Property Acquired by LPCity, County, State, Zip Code Supplemental Clearance Certificate (SCC) No. (Provide copy of certificate with this claim and a copy of the Finding Sheet issued by the State Board of Equalization if filing with BOE-267.
Solely for the purposes of determining the balances of the Partner’s Capital Accounts at that time, any Partnership Property that is distributed in kind shall be treated as though such Partnership Property were sold for its Fair Market Value as of the date of distribution, as determined by an Independent Appraiser.
Rights of partners to application of General Partnership Property etc.
Except as provided in this Agreement, no Partner shall have the right to withdraw from its Capital Account or to otherwise receive any Partnership funds or Partnership Property.
A partner of a General Partnership aggrieved by an application or orders made under subsection(1) may apply to the Court to make orders to preserve rights in relation to General Partnership Property and to make the other orders the Court considers appropriate.