Revised Code of Washington - RCW Title 25 Partnerships - Section 25.15.220 Distribution on event of dissociation

§ 25.15.220. Distribution on event of dissociation

Unless otherwise provided in the limited liability company agreement, upon the occurrence of an event of dissociation under RCW 25.15.130 which does not cause dissolution (other than an event of dissociation specified in RCW 25.15.130(1)(b) where the dissociating member's assignee is admitted as a member), a dissociating member (or the member's assignee) is entitled to receive any distribution to which an assignee would be entitled.

[1995 c 337 § 18; 1994 c 211 § 602.]

Notes:
     Effective date -- 1995 c 337: See note following RCW 25.15.005.

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Last modified: April 7, 2009