La. R.S. § 12:1324 Interim Distributions

LibraryLouisiana Statutes
Edition2023
CurrencyCurrent with changes from the 2023 Legislative Session
Year2023
CitationLa. R.S. § 12:1324

A. Except as provided in this Chapter, a member is entitled to receive distributions from a limited liability company b...

B. Interim distribution of cash or other assets of a limited liability company shall be allocated among the members and among classes of members in the manner provided in a written operating agreement. To the extent such operating agreement does not so provide in writing, distributions shall be made equally to the ...

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