C.R.S. § 7-80-604: Distribution in kind.
Where this section sits in the code
- Title 7 - CORPORATIONS AND ASSOCIATIONS
- Article 80 - Limited Liability Companies
- Part 6 - DISTRIBUTIONS AND RESIGNATION
A member, regardless of the nature of the member's contribution, has no right to demand and receive any distribution from a limited liability company in any form other than cash. A member may not be compelled to accept a distribution of any asset in kind from a limited liability company to the extent that the percentage of the asset distributed to the member exceeds a percentage of that asset that is equal to the percentage in which the member shares in distributions from the limited liability company.
Collected 2026-09-14T18:37:45Z. Source file · JSON