---
title: O.C.G.A. § 14-9A-46. Compensation.
collection: code
id: 14-9A-46
cite_as: O.C.G.A. § 14-9A-46 (2025)
canonical_url: https://georgiacommons.org/code/14-9A-46
md_url: https://georgiacommons.org/code/14-9A-46.md
text_url: https://georgiacommons.org/code/14-9A-46/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=1074
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.
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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 / LIMITED PARTNERSHIPS / LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952 / LIMITED PARTNERS
---

# O.C.G.A. § 14-9A-46. Compensation.

A limited partner may receive from the partnership the share of the profits or the compensation by way of income stipulated in the certificate, provided that after such payment is made, whether from the property of the partnership or that of a general partner, the partnership assets are in excess of all liabilities of the partnership except liabilities to limited partners on account of their contributions and to general partners.

## History

Ga. L. 1952, p. 375, § 15; Code 1981, § 14-9-46; Code 1981, § 14-9A-46, as redesignated by Ga. L. 1988, p. 1016, § 1.