Rhode Island Statutes

§ 7-16-33 — § 7-16-33. Right to distribution.

Rhode Island § 7-16-33
JurisdictionRhode Island
Title 7Corporations, Associations and Partnerships
Ch. 7-16The Rhode Island Limited Liability Company Act

This text of Rhode Island § 7-16-33 (§ 7-16-33. Right to distribution.) 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 § 7-16-33 (2026).

Text

§ 7-16-33. Right to distribution.

Unless otherwise provided in the operating agreement, at the time a member becomes entitled to receive a distribution, the member has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.

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Legislative History

P.L. 1992, ch. 280, § 1.

Nearby Sections

15
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Bluebook (online)
Rhode Island § 7-16-33, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-16-33.