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2018 Tennessee Code
Title 48 - Corporations and Associations
Limited Liability Companies
Chapter 236 - Distributions
§ 48-236-101. Sharing of distributions.
Universal Citation: TN Code § 48-236-101 (2018)
Unless otherwise provided in or through the articles or operating agreement, distributions of cash or other assets of an LLC, including distributions on termination of the LLC except as provided in § 48-245-1101, must be allocated equally among the members.
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