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TENNESSEE STATUTES AND CODES
48-236-101 - Sharing of distributions.
48-236-101. Sharing of distributions.
Unless otherwise provided in or through the articles or operating agreement, distributions of cash or other assets of an LLC, including distributions on termination of the LLC except as provided in § 48-245-1101, must be allocated equally among the members.
[Acts 1994, ch. 868, § 1.]
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