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Distribution in kind

Mont. Code Ann. § 35-8-603
in effect
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35-8-603. Distribution in kind Except as provided in the articles of organization or the operating agreement: (1) a member, regardless of the nature of the member's contribution, may not demand or receive any distribution from a limited liability company in any form other than cash; and (2) a member may not be compelled to accept from a limited liability company a distribution of any asset in kind to the extent that the percentage of the asset distributed to the members exceeds a percentage of that asset that is equal to the percentage in which the member shares in distributions from the limited liability company. En. Sec. 34, Ch. 120, L. 1993.
Source: Montana Legislative Services Division (mca.legmt.gov)URL: https://mca.legmt.gov/bills/mca/title_0350/chapter_0080/part_0060/section_0030/0350-0080-0060-0030.htmlFetched: 10/20/2026

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