Section 304-C:39 Allocation of Distributions. - New Hampshire Statutes

Distributions of cash or other assets of a limited liability company shall be allocated among the members, and among classes or groups of members, in the manner provided in the limited liability company agreement. If the limited liability company agreement does not so provide, distributions shall be made on the basis of the value, as of the date of contribution, of the contributions made by each member to the extent they have been received by the limited liability company and have not been returned.

Source. 1993, 313:1, eff. July 1, 1993.