Haw. Rev. Stat. § 428-405: Sharing of and right to distributions.
Where this section sits in the code
- HI Code
- Division 2
- Title 23A
- Chapter 428
(a) Any distributions made by a limited liability company, prior to dissolution and winding up, must be in equal shares.
(b) A member has no right to receive, and may not be required to accept, a distribution in kind.
(c) If a member becomes entitled to receive a distribution, the member has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.
Collected 2026-09-14T18:32:11Z. Source file · JSON