P.R. Laws tit. 14, § 3988
2019-02-20 00:00:00+00
Except as provided in this chapter, upon resignation any resigning member is entitled to receive any distribution to which such member is entitled under an LLCA and, if not otherwise provided in an LLCA, such member is entitled to receive, within a reasonable time after resignation, the fair value of such member’s LLC interest as of the date of resignation based upon such member’s right to share in distributions from the LLC.
History —Dec. 16, 2009, No. 164, § 19.38.