RSA 304-C:97 Record Dates for Distributions.

Title: XXVIII - PARTNERSHIPS Chapter: 304-C - LIMITED LIABILITY COMPANIES

I. An operating agreement may provide for the establishment of a record date with respect to distributions to its members.
II. Unless the operating agreement or a vote of the members or managers provide otherwise, the record date for a distribution shall be the date on which the members or managers declare or vote in favor of the distribution, as the case may be.

Source. 2012, 232:2, eff. Jan. 1, 2013.

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