There is a newer version
of
this Section
2017 Tennessee Code
Title 48 - Corporations and Associations
Limited Liability Companies
Chapter 236 - Distributions
§ 48-236-102. Interim distributions.
Universal Citation: TN Code § 48-236-102 (2017)
Except as provided in or through the articles or operating agreement or by a majority vote of the members, a member is entitled to receive distributions before the LLC's termination only as specified in the articles or operating agreement.
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
