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A * PARTNERSHIP: ‘ ‘\ vided the conditions in paragraph 1, Nos, 7 Pe plied with — and bayg (1) On the dissolution of the Partnership; op (2) Upon the arrival of the date specified in te, the return; or Thay, (3) After the expiration of the six (6) months’ nog, : given by him to the other partners if no time ig certificate for the return of the contribution or for the ed & of the partnership. dist Right of limited partner to cash In return “Yor contributton.~ ~ Under the third paragraph, even if a limited p contributed property, he has only the right to dena receive cash for his contribution. The exceptions are; (1) When there is st ion to the contrary in the cert . ae 5 Certify, (2) Where all the Ferners (general and limited arty) consent to the return other than in the form of cash. When limited partner may have partnership dissolved by decree. (1) Dissalutionby judicial decree. — The fourth. paragat Provides for the grounds for the dissolution of the partnesi¢ upon petition of a limited partner. They are: ; (a) When his demand for the return of his contributint denied although he has a right to such return; or (b) When his contribution is not paid although tt entitled to its return because the other abil : partnership have not been paid or the partnership ProPy, inoufficient for their payment. In other words, wereity ‘his firs candition requined by the rat paragraph 155% it 1857 which is not present, he would have been erty the seturn of fis-contribution because of the prese™ second and third conditions, - a

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