---
title: O.C.G.A. § 14-11-406. Distributions in kind.
collection: code
id: 14-11-406
cite_as: O.C.G.A. § 14-11-406 (2025)
canonical_url: https://georgiacommons.org/code/14-11-406
md_url: https://georgiacommons.org/code/14-11-406.md
text_url: https://georgiacommons.org/code/14-11-406/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=1146
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-11.md
previous: https://georgiacommons.org/code/14-11-405.md
next: https://georgiacommons.org/code/14-11-407.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / LIMITED LIABILITY COMPANIES / FINANCE
---

# O.C.G.A. § 14-11-406. Distributions in kind.

Except as provided in the articles of organization or a written operating agreement:

(1) A member, regardless of the nature of the member’s contribution, has no right to demand and receive any distribution from a limited liability company in any form other than cash; and

(2) No member may 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 member exceeds a percentage that is equal to the percentage in which the member shares in distributions from the limited liability company.

## History

Code 1981, § 14-11-406, enacted by Ga. L. 1993, p. 123, § 1.