Ind. Code § 23-18-1-13

Current through P.L. 171-2024
Section 23-18-1-13 - "Majority in interest of the members"

"Majority in interest of the members" means the members who have made more than fifty percent (50%) of the agreed value, as stated in the records of the limited liability company, of the total contributions made by all members, to the extent that the contributions have not been previously returned.

IC 23-18-1-13

As added by P.L. 8-1993, SEC.301.