Rhode Island Statutes
§ 7-16-27 — § 7-16-27. Sharing of distributions.
Rhode Island § 7-16-27
JurisdictionRhode Island
Title 7Corporations, Associations and Partnerships
Ch. 7-16The Rhode Island Limited Liability Company Act
This text of Rhode Island § 7-16-27 (§ 7-16-27. Sharing of distributions.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
R.I. Gen. Laws § 7-16-27 (2026).
Text
§ 7-16-27. Sharing of distributions.
Unless otherwise provided in the articles of organization or operating agreement, distributions of cash or other assets of a limited liability company shall be allocated to each member on the basis of the member's capital value.
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Legislative History
P.L. 1992, ch. 280, § 1.
Nearby Sections
15
§ 7-1-1
§ 7-1-1 — 7-1-4. [Repealed.]§ 7-1-15
§ 7-1-15, 7-1-16. [Repealed.]§ 7-1-18
§ 7-1-18 — 7-1-20. [Repealed.]§ 7-1-22
§ 7-1-22. [Repealed.]§ 7-1-24
§ 7-1-24 — 7-1-26. [Repealed.]§ 7-1-5.1
§ 7-1-5.1. [Repealed.]Cite This Page — Counsel Stack
Bluebook (online)
Rhode Island § 7-16-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-16-27.