Except as provided in this chapter, a member is entitled to receive distributions from a limited liability company before the withdrawal of the member 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 happening of the events upon which the members unanimously agree or as provided in the operating agreement.
R.I. Gen. Laws § 7-16-28
Interim distributions
Known as the Rhode Island Limited Liability Company Act
The act spans §§ 7–7 (87 sections).
P.L. 1992, ch. 280, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.