There is a newer version of the New Hampshire Revised Statutes
2013 New Hampshire Revised Statutes
Title XXVIII - PARTNERSHIPS
Chapter 304-C - LIMITED LIABILITY COMPANIES
Section 304-C:94 - Interim Distributions.
NH Rev Stat § 304-C:94 (2013) What's This?
304-C:94 Interim Distributions. –
I. Unless the operating agreement provides otherwise, a member-managed multi-member limited liability company shall make interim distributions at such times and in such aggregate amounts as determined by majority vote of the members from time to time.
II. Unless the operating agreement provides otherwise, a manager-managed multi-member limited liability company shall make interim distributions at such times and in such aggregate amounts as determined by majority vote of the managers from time to time.
Source. 2012, 232:2, eff. Jan. 1, 2013.
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