Revised Code of Washington
Wash. Rev. Code § 25.15.206 (2026)
Allocation of distributions
✓ current as of May 2026
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Distributions of a limited liability company are made to the members, and to classes or groups of members, in the manner provided in a limited liability company agreement. If the limited liability company agreement does not so provide, distributions are made in proportion to the agreed value of the contributions made and any contributions required to be made, but not yet made, by each member.
[ 2015 c 188 s 41.]
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2026–2026 · leading case: Selina Boland, Res/cross-app, V. Shu-mei Wang & Beijing Men, App/cross-res (Wash. Ct. App. 2026).
Selina Boland, Res/cross-app, V. Shu-mei Wang & Beijing Men, App/cross-res (Wash. Ct. App. 2026). “5 In the context of Wang’s challenge, these statutes merely provide that a trial court must first look to the terms of an LLC’s agreement in allocating distributions and that, under RCW 25.15.196(3), an LLC agreement “may” provide for penalties in the event a member fails to…”
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