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2022 Nevada Revised Statutes
Chapter 86 - Limited-Liability Companies
NRS 86.341 - Distributions: Generally.
Universal Citation: NV Rev Stat § 86.341 (2022)
A limited-liability company may, from time to time, make distributions as provided in the articles of organization or operating agreement. If the articles of organization or operating agreement do not otherwise provide, the distributions must be allocated proportionately to the value, as shown in the records of the company, of the contributions made by each member and not returned.
(Added to NRS by 1991, 1301; A 1997, 720; 2021, 1515)
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