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2006 New York Code - Interim Distributions.



 
    §  507.  Interim distributions. Except as provided in this chapter, to
  the extent and at the times or upon the happening of events specified in
  the operating agreement, a member is entitled to  receive  distributions
  from  a  limited liability company before his or her withdrawal from the
  limited liability company and before the dissolution and winding  up  of
  the limited liability company.

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