There is a newer version of the Maryland Code
2010 Maryland Code
CORPORATIONS AND ASSOCIATIONS
TITLE 4A - LIMITED LIABILITY COMPANY ACT
Subtitle 5 - Finance
Section 504 - Distribution in kind.
§ 4A-504. Distribution in kind.
Unless otherwise provided in the operating agreement, a member, regardless of the nature of the member's contribution, has no right to demand and receive any distribution from a limited liability company in a form other than cash.
[1992, ch. 536; 1997, ch. 659, § 2.]
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