TITLE XXVIII
PARTNERSHIPS

CHAPTER 304-C
LIMITED LIABILITY COMPANIES

Definitions

Section 304-C:12

    304-C:12 Limited Liability Company Interest. – "Limited liability company interest" means the right of a member to receive allocations of the profits or losses of a limited liability company and to receive distributions of the limited liability company's cash and other assets.

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