DISTRIBUTIONS AFTER DISSOLUTION. Upon dissolution, the DAO must pay its debts before distributing cash, assets, or capital to the Members. The Members agree that any distributions occurring after the dissolution of the DAO shall follow the process outlined in this Agreement and Section ▇▇-▇▇-▇▇▇ of the Act.
Appears in 1 contract
Sources: Operating Agreement
DISTRIBUTIONS AFTER DISSOLUTION. Upon dissolution, the DAO must pay its debts before distributing cash, assets, or capital to the Members or the Members’ interests. The Members agree that any distributions occurring after the dissolution of the DAO shall follow the process outlined in this Agreement and Section ▇▇-▇▇-▇▇▇ of the Act.
Appears in 1 contract
Sources: Operating Agreement