{"data":{"id":"us-ga/o.c.g.a.-14-11-406","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-11-406","heading":"Distributions in kind.","body":"Except as provided in the articles of organization or a written operating agreement:\n(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\n(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 a percentage that is equal to the percentage in which the member shares in distributions from the limited liability company.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 11 Limited Liability Companies","Article 4 Finance"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.14.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"e2845a18982ebe414d29f9007495a3a72cfde86900c8bed4ff028afcf5887ba6","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-11-405","next":"us-ga/o.c.g.a.-14-11-407"},"notice":"GroundRules: Original legal text. Not legal advice."}
