{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156c-33","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156C, § 33","heading":"Form of distribution on demand; acceptance of distribution of assets","body":"Section 33. Except as provided in a written operating agreement, a member, regardless of the nature of his contribution, has no right to demand and receive any distribution from a limited liability company in any form other than cash. Except as provided in a written operating agreement, a member may not be compelled to accept a distribution of any asset in kind from a limited liability company to the extent that the percentage of the asset distributed to him exceeds a percentage of the asset which is equal to the percentage in which he shares in distributions from the limited liability company.","path":["Part I","Title XXII","Chapter 156C"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156C/Section33","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:39Z","sha256":"3e40760c443e190018b8105214d5ae0f5824c9d13d99ae3d59300ef04410df95","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156c-32","next":"us-ma/mass.-gen.-laws-ch.-156c-34"},"notice":"GroundRules: Original legal text. Not legal advice."}