NRS 86.341: Distributions: Generally.
Where this section sits in the code
- TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
- CHAPTER 86 - LIMITED-LIABILITY COMPANIES
- OPERATION
A limited-liability company may, from time to time, make distributions as provided in the articles of organization or operating agreement. If the articles of organization or operating agreement do not otherwise provide, the distributions must be allocated proportionately to the value, as shown in the records of the company, of the contributions made by each member and not returned.
Collected 2026-09-03T05:51:31Z. Source file · JSON