Section 304-C:97 - Record Dates for DistributionsI. An operating agreement may provide for the establishment of a record date with respect to distributions to its members.II. Unless the operating agreement or a vote of the members or managers provide otherwise, the record date for a distribution shall be the date on which the members or managers declare or vote in favor of the distribution, as the case may be.Entire chapter added by 2012, 232:2, eff. 1/1/2013. 2012, 232:2, eff. Jan. 1, 2013.