Right to Distribution

Ala. Code § 10A-8A-4.08, under Relations of Partners to Each Other and to Partnership.

Ala. Code § 10A-8A-4.08

If 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 partnership with respect to the distribution. However, the partnership’s obligation to make a distribution is subject to offset for any amount owed to the partnership by the partner or dissociated partner on whose account the distribution is made. (Act 2018-125, §7.)