Code of Virginia (Last Updated:July 28, 2020) |
TITLE 13.1. Corporations |
CHAPTER 12. Virginia Limited Liability Company Act |
ARTICLE 6. Finance |
SECTION 13.1-1031. Interim distributions |
Except as provided in this article, a member is entitled to receive distributions from a limited liability company before the dissolution and winding up thereof to the extent and at the times or upon the happening of the events specified in the articles of organization or an operating agreement. 1991, c. 168; 1996, c. 265 . |