{"data":{"id":"us-sc/s.c.-code-ann.-33-44-405","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-44-405","heading":"Sharing of and right to distributions.","body":"(a) Any distributions made by a limited liability company before its dissolution and winding up must be in equal shares.\n(b) A member has no right to receive, and may not be required to accept, a distribution in kind.\n(c) If a member becomes entitled to receive a distribution, the member has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 44 Uniform Limited Liability Company Act of 1996","ARTICLE 4 Relations Of Members To Each Other And To Limited Liability Company"],"source_url":"https://www.scstatehouse.gov/code/t33c044.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:34Z","sha256":"2473ee345e491607cf90f81a23007888f2c9ba990209f8234ca6be326cba8fc2","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-44-404","next":"us-sc/s.c.-code-ann.-33-44-406"},"notice":"GroundRules: Original legal text. Not legal advice."}
