Partner Nonrecourse Deductions

Description

This AI field captures a requirement that any partner nonrecourse deductions be allocated to those partners/members who bear the economic risk of loss with respect to the partner nonrecourse liabilities to which such deductions are attributable.

Jurisdiction

  • United States (California, Delaware, Pennsylvania, and Texas)

Document Types

  • 98% Governance Agt
  • 2% Other

Tags

  • LPA/LLC

Language

  • 100% English