(1) Section 122 does not apply to limited partners. A limited partner is entitled only to payment of profits due to them; limited partners cannot demand payment of profits as long as their share of capital has been reduced by losses to less than the amount paid in as the stipulated contribution or would be reduced to less than this amount as a result of such payment.
(2) The limited partner will not be obliged, by reason of subsequent losses, to repay profits received.