1. Any distribution made by a limited liability company before itsdissolution and winding up must be in equal shares among members and persons dissociated as members, except to the extent necessary to comply with a transfer effective under section 489.502 and any charging order in effect under section 489.503. 2. A person has a right to a distribution before the dissolution and winding up of a limited liabilitycompany onlyifthe limited liabilitycompany decidesto makean interim distribution. A person’s dissociation does not entitle the person to a distribution. 3. A person doesnot have a right todemand or receive a distribution from a limitedliability company in any form other than money. Except as otherwise provided in section 489.707, subsection 4, a limited liabilitycompany may distribute an asset in kind only ifeach part of the asset is fungible with each other part and each person receives a percentage of the asset equal in value to the person’s share of distributions. 4. If a member or transferee becomes entitled to receive a distribution, the member or transferee has thestatus of, and isentitled to all remedies availableto, a creditor of the limited liabilitycompany with respect tothe distribution. However, the company’s obligation to make a distribution is subject to offset for any amount owed to the company by the member or a person dissociated as a member on whose account the distribution is made.
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