2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 18. LIMITED LIABILITY COMPANIES
CHAPTER 1. Definitions
23-18-1-10. "Interest"

Universal Citation: IN Code § 23-18-1-10 (2018)
IC 23-18-1-10 "Interest"

     Sec. 10. "Interest" means a member's economic rights in the limited liability company, including the member's share of the profits and losses of the limited liability company and the right to receive distributions from the limited liability company.

As added by P.L.8-1993, SEC.301.

 

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