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48-236-102 - Interim distributions.

48-236-102. Interim distributions.

Except as provided in or through the articles or operating agreement or by a majority vote of the members, a member is entitled to receive distributions before the LLC's termination only as specified in the articles or operating agreement.

[Acts 1994, ch. 868, § 1; 1995, ch. 403, § 49.]  

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