17-76,104. Interim distributions.

17-76,104

Chapter 17.--CORPORATIONS
Article 76.--LIMITED LIABILITY COMPANIES

      17-76,104.   Interim distributions. Except as provided in this act, to the extent and at the times or upon the happening of the events specified in an operating agreement, a member is entitled to receive from a limited liability company distributions before the member's resignation from the limited liability company and before the dissolution and winding up thereof.

      History:   L. 1999, ch. 119, § 43; Jan. 1, 2000.