{"data":{"id":"us-sd/sdcl-47-34a-405","jurisdiction":"us-sd","citation":"SDCL § 47-34A-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 47. CORPORATIONS","CHAPTER 47-34A. UNIFORM LIMITED LIABILITY COMPANY ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-34A-405","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"2473ee345e491607cf90f81a23007888f2c9ba990209f8234ca6be326cba8fc2","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-34a-404.2","next":"us-sd/sdcl-47-34a-406"},"notice":"GroundRules: Original legal text. Not legal advice."}