Oregon Code § 63.195·Enacted ·Last updated March 01, 2026
Statute Text
Allocation of interim distributions.
Distributions of cash or other assets of a limited liability company before the
dissolution and winding up of the limited liability company shall be allocated
among the members, and among classes of members, in the manner provided in the
articles of organization or any operating agreement. If neither the articles of
organization nor any operating agreement provides for such allocations, such
distributions shall be allocated among the members in proportion to their right
to share in the profits of the limited liability company. [1993 c.173 §39]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 63.195
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Allocation of interim distributions. Read the full statute text above for details.
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The formal citation is Oregon Code § 63.195. Use this format in legal documents and court filings.
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