There is a newer version of the Minnesota Statutes
2011 Minnesota Statutes
Chapters 321 - 323A — Partnerships
Chapter 322B — Limited Liability Companies
Section 322B.51 — Interim Distributions
MN Stat § 322B.51 (1996 through Reg Sess) What's This?
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
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
