Nevada Statutes
§ 86.341 — Distributions: Generally
A limited-liability company may, from time to time, make distributions as provided in the articles of organization or operating agreement. If the articles of organization or operating agreement do not otherwise provide, the distributions must be allocated proportionately to the value, as shown in the records of the company, of the contributions made by each member and not returned.
Free access — add to your briefcase to read the full text and ask questions with AI
Nevada § 86.341 (Distributions: Generally) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Added to NRS by 1991, 1301 ; A 1997, 720 ; 2021, 1515 )
Nearby Sections
15
§ 86.011
Definitions§ 86.031
“Bankrupt” defined§ 86.055
“In interest” defined§ 86.071
“Manager” defined§ 86.081
“Member” defined§ 86.091
“Member’s interest” defined§ 86.095
“Noneconomic member” defined§ 86.101
“Operating agreement” defined§ 86.111
“Real property” defined§ 86.118
“Registered agent” defined§ 86.121
“Registered office” defined