KRS 275.220: Member not entitled to distribution other than in cash -- Restriction on in-

kind distribution.

Unless otherwise provided in a written operating agreement:

(1) A member, regardless of the nature of the member's contribution, shall not have a

right to d emand and receive any distribution from the limited liability company in

any form other than cash;

(2) A member shall not be compelled to accept from a limited liability company a

distribution of any asset in kind to the extent that the percentage of the a sset

distributed to the member exceeds the percentage that the member would have

shared in a cash distribution equal to the value of the property at the time of

distribution; and

(3) The property of a limited liability company shall not be subject to KRS

381.135(1)(a)1.