State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-16 > 7-16-27

SECTION 7-16-27

   § 7-16-27  Sharing of distributions. –Unless otherwise provided in the articles of organization or operatingagreement, distributions of cash or other assets of a limited liability companyshall be allocated to each member on the basis of the member's capital value.

State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-16 > 7-16-27

SECTION 7-16-27

   § 7-16-27  Sharing of distributions. –Unless otherwise provided in the articles of organization or operatingagreement, distributions of cash or other assets of a limited liability companyshall be allocated to each member on the basis of the member's capital value.


State Codes and Statutes

State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-16 > 7-16-27

SECTION 7-16-27

   § 7-16-27  Sharing of distributions. –Unless otherwise provided in the articles of organization or operatingagreement, distributions of cash or other assets of a limited liability companyshall be allocated to each member on the basis of the member's capital value.