{"data":{"id":"us-ny/n.y.-limited-liability-company-law-507","jurisdiction":"us-ny","citation":"N.Y. Limited Liability Company Law § 507","heading":"Interim distributions","body":"§ 507. Interim distributions. Except as provided in this chapter, to\nthe extent and at the times or upon the happening of events specified in\nthe operating agreement, a member is entitled to receive distributions\nfrom a limited liability company before his or her withdrawal from the\nlimited liability company and before the dissolution and winding up of\nthe limited liability company.","path":["Limited Liability Company Law","Article 5. Contributions and Distributions"],"source_url":"https://legislation.nysenate.gov/api/3/laws/LLC/507","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"80fe4efd70500f455fd48975afe8b4c246aaf24fa41a245b78385ba3373a76e7","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-limited-liability-company-law-506","next":"us-ny/n.y.-limited-liability-company-law-508"},"notice":"GroundRules: Original legal text. Not legal advice."}