Okla. Stat. tit. 18, § 18-2028: Distribution - Cash - Asset in kind
Where this section sits in the code
- OK Code
- Title 18
Except as otherwise provided in the 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
the percentage which the member's interest in the limited liability
company is of all of the interests in the limited liability company.
Collected 2026-09-14T18:32:36Z. Source file · JSON