P.R. Laws tit. 14, § 3983
2019-02-20 00:00:00+00
Distributions of cash or other assets of an LLC shall be allocated among the members, and among classes or groups of members, in the manner provided in an LLCA. If the LLCA does not so provide, distributions shall be made on the basis of the agreed value (as stated in the records of the LLC) of the contributions made by each member to the extent they have been received by the LLC and have not been returned.
History —Dec. 16, 2009, No. 164, § 19.33.