RSA 304-A:40 Rules for Distribution.

In settling accounts between the partners after dissolution, the following rules shall be observed, subject to any agreement to the contrary:
I. The assets of the partnership are:
(a) The partnership property,
(b) The contributions of the partners specified in paragraph IV of this section.
II. The liabilities of the partnership shall rank in order of payment, as follows:
(a) Those owing to creditors other than partners,
(b) Those owing to partners other than for capital and profits,
(c) Those owing to partners in respect of capital,
(d) Those owing to partners in respect of profits.
III. The assets shall be applied in order of their declaration of the liabilities.
IV. Except as provided in RSA 304-A:15, II:
(a) The pa