Washington Code 25.15.221 – Distribution in-kind
Current as of: 2023 | Check for updates
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A member, regardless of the nature of the member’s contribution, has no right to receive any distribution from a limited liability company in any form other than money. A limited liability company may distribute an asset in kind to the extent that each member receives a percentage of the asset equal to the member’s percentage share of distributions.
[ 2015 c 188 § 44.]