1998 Minnesota Statutes

     322B.50 Sharing of distributions. 

    Unless otherwise provided in the articles of organization 
 or by the board of governors under section 322B.40, subdivisions 
 5 and 6, distributions of cash or other assets of a limited 
 liability company, including distributions on termination of the 
 limited liability company, must be allocated in proportion to 
 the value of the contributions of the members reflected in the 
 required records. 

    HIST: 1992 c 517 art 2 s 56