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322B.51 INTERIM DISTRIBUTIONS.

Except as provided in the articles of organization or a member control agreement, a member is entitled to receive distributions before the limited liability company's termination only as specified in the bylaws or by the act of the board of governors.

History:

1992 c 517 art 2 s 57; 1999 c 85 art 2 s 53,96

NOTE: This chapter is repealed by Laws 2014, chapter 157, article 1, section 91, effective January 1, 2018.

Official Publication of the State of Minnesota
Revisor of Statutes