{"data":{"id":"us-or/ors-63.219","jurisdiction":"us-or","citation":"ORS 63.219","heading":"Distribution in kind.","body":"Except as provided in the articles of organization or any operating agreement:\n      (1) No member, regardless of the nature of the member’s contribution, has any 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 a distribution of any asset in kind from a limited liability company to the extent that the percentage of the asset distributed to the member exceeds a percentage of that asset that is equal to the percentage in which the member shares in operating or liquidating distributions, as the case may be, from the limited liability company.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 63 — Limited Liability Companies"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors063.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"224d7daf5118c405a242b7cdc8191cc6c03110c482dbd9186e16ed51b1a6bab1","source_id":"us-or","stale":false,"prev":"us-or/ors-63.215","next":"us-or/ors-63.220"},"notice":"GroundRules: Original legal text. Not legal advice."}
