GroundRules
R.I. Gen. Laws § 7-16-27: Sharing of distributions.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 16 The Rhode Island Limited Liability Company Act
Unless otherwise provided in the articles of organization or operating agreement, distributions of cash or other assets of a limited liability company shall be allocated to each member on the basis of the member’s capital value.
Collected 2026-09-05T19:54:51Z. Source file · JSON