2005 Idaho Code - 53-629 — SHARING OF INTERIM DISTRIBUTIONS

                                  TITLE  53
                                 PARTNERSHIP
                                  CHAPTER 6
                     IDAHO LIMITED LIABILITY COMPANY ACT
    53-629.  SHARING OF INTERIM DISTRIBUTIONS. Except as otherwise provided in
sections 53-630 and 53-646, Idaho Code, distributions of cash or other assets
of a limited liability company shall be shared among the members and among
classes of members in the manner provided in writing in an operating
agreement. If an operating agreement does not so provide in writing, each
member shall share equally in any distribution.  A member is entitled to
receive distributions described in this section from a limited liability
company to the extent and at the times or upon the happening of the events
specified in an operating agreement or at the times determined by the members
or managers pursuant to section 53-623, Idaho Code.