Distributions of cash or other assets of a limited liability company shall be allocated among the members and among classes of members on the basis of the value, as stated in the limited liability company records required to be kept pursuant to section 7-80-408 , of the contributions made by each member.
C.R.S. § 7-80-504
Sharing of distributions
Known as the Colorado Limited Liability Company Act
The act spans §§ 7-80-101 to 7-80-902 (57 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.