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Statutory Definitions

distribution

"distribution" means distribution of dividends, profits, returns or refunds of capital by the limited liability partnership, whether in cash or in kind;
ACT 743 - LIMITED LIABILITY PARTNERSHIPS ACT 2012
2. Interpretation

distribution

(b) "distribution" means any payment of dividends, distribution of profits, return or refund of capital by the Labuan limited liability partnership, whether in cash or in kind; and
ACT 707 - LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010
56. Limited liability of partners
See Also: Dictionary

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