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Georgia · Snapshot Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17

O.C.G.A. § 14-11-406: Distributions in kind.

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Where this section sits in the code
  1. TITLE 14 Corporations, Partnerships, and Associations
  2. CHAPTER 11 Limited Liability Companies
  3. Article 4 Finance

Except as provided in the articles of organization or a written operating agreement:

(1) 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; and

(2) No member may be compelled to accept from a limited liability company a distribution of any asset in kind to the extent that the percentage of the asset distributed to the member exceeds a percentage that is equal to the percentage in which the member shares in distributions from the limited liability company.

Collected 2026-09-17T19:34:57Z. Source file · JSON

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