Limited Liability Companies

ORS 63.200
Right to interim distributions


Except as provided in ORS 63.205 (Voluntary withdrawal of member) to 63.235 (Liability for wrongful distribution), a member is entitled to receive distributions from a limited liability company before the member’s withdrawal from the limited liability company and before the dissolution and winding up of the limited liability company to the extent and at the times or upon the occurrence of the events specified in the articles of organization or any operating agreement. [1993 c.173 §40]
Chapter 63

Law Review Citations

30 WLR 291 (1994); 73 OLR 5, 25, 43, 133, 151 (1994)


Source

Last accessed
Jun. 26, 2021