Nevada § 86.341 - Distributions: Generally
Full text of Nevada Nevada Revised Statutes § 86.341 — Distributions: Generally, with citation guidance and answers to common questions.
§ 86.341. Distributions: Generally
A limited-liability company may, from time to time, make distributions as provided
in the articles of organization or operating agreement. If the articles of organization or operating agreement do not otherwise provide,
the distributions must be allocated proportionately to the value, as shown in the
records of the company, of the contributions made by each member and not returned.
Frequently Asked Questions About Nevada § 86.341
What does Nevada Revised Statutes § 86.341 cover?
Section 86.341 ("Distributions: Generally") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 86.341?
A common citation format is "Nevada Revised Statutes § 86.341" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 86.341 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.