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2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 80. Limited Liability Companies
Section 7-80-504. Sharing of distributions.
Universal Citation: CO Rev Stat § 7-80-504 (2020)
Distributions of cash or other assets of a limited liability company shall be allocated among the members and among classes of members on the basis of the value, as stated in the limited liability company records required to be kept pursuant to section 7-80-408, of the contributions made by each member.
Source: L. 90: Entire article added, p. 431, § 1, effective April 18. L. 94: Entire section amended, p. 717, § 20, effective July 1. L. 2004: Entire section amended, p. 942, § 10, effective July 1.
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