There is a newer version of the New Hampshire Revised Statutes
2010 New Hampshire Statutes
TITLE XXVIII PARTNERSHIPS
CHAPTER 304-C LIMITED LIABILITY COMPANIES
Section 304-C:42 Distribution in Kind.
NH Rev Stat § 304-C:42 (1996 through Reg Sess) What's This?
304-C:42 Distribution in Kind. – Except as provided in a limited liability company agreement, a member, regardless of the nature of the member's contribution, has no right to demand and receive any distribution from a limited liability company in any form other than cash. Except as provided in a limited liability company agreement, a member may not be compelled to accept a distribution of any asset in kind from a limited liability company to the extent that the percentage of the asset distributed to the member exceeds a percentage of that asset which is equal to the percentage in which the member shares in distributions from the limited liability company.
Source. 1993, 313:1, eff. July 1, 1993.
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