---
title: O.C.G.A. § 14-9-601. Interim distributions; redemption of interest of partner.
collection: code
id: 14-9-601
cite_as: O.C.G.A. § 14-9-601 (2025)
canonical_url: https://georgiacommons.org/code/14-9-601
md_url: https://georgiacommons.org/code/14-9-601.md
text_url: https://georgiacommons.org/code/14-9-601/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=1016
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-9.md
previous: https://georgiacommons.org/code/14-9-503.md
next: https://georgiacommons.org/code/14-9-602.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / REVISED UNIFORM LIMITED PARTNERSHIP ACT / DISTRIBUTIONS AND WITHDRAWAL
---

# O.C.G.A. § 14-9-601. Interim distributions; redemption of interest of partner.

(a) A partner is entitled to receive distributions from a limited partnership before his withdrawal from the limited partnership and before the dissolution and winding up thereof only to the extent and at the times or upon occurrence of the events specified in the partnership agreement.

(b) A limited partnership may redeem all or a portion of the interest of any limited or general partner in accordance with the partnership agreement or as agreed among all of the persons who are partners at the time of redemption.

## History

Code 1981, § 14-9-601, enacted by Ga. L. 1988, p. 1016, § 1; Ga. L. 1989, p. 931, § 11.

## Law Reviews

For note on 1989 amendment to this Code section, see 6 Ga. St. U. L. Rev. 184 (1989).