Limited Partnership Interest (Gaming Law) Law and Legal Definition
Limited partnership interest with regard to gaming refers to the right of a general or limited partner to receive a share of the profits from a limited partnership. A limited partner is also entitled to receive any other compensation by way of income, or a return of any or all of his/her contribution to the capital of the limited partnership. S/he has the right to exercise any of the rights or powers provided by law for the limited interest s/he possesses in the partnership.
Legal Definition list
- Limited Partnership Interest (Gaming Law)
- Limited Partnership
- Limited Owner
- Limited Liability Partnership
- Limited Liability Corporation
- Limited Power of Appointment
- Limited Power Of Attorney
- Limited Public Forum [Education]
- Limited Publication
- Limited Resource Interest Rate [Agriculture]
- Limited Scope Representation
