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GIS » Topics » 13.5 Rights of Members.

This excerpt taken from the GIS 10-Q filed Jan 6, 2005.

        13.5     Rights of Members.

        Except as otherwise provided in this Agreement, each Member shall look solely to the Property of the Company for the return of its Capital Contributions and has no right or power to demand or receive Property other than Cash from the Company. If the assets of the Company remaining after payment or discharge of the Indebtedness or liabilities of the Company are insufficient to return such Capital Contributions, the Members shall have no recourse against the Company, the Managing Member, or any other Member, except as expressly set forth in Section 5.8 or in any other Transaction Document.

"13.5 Rights of Members." elsewhere:

MGP Ingredients (MGPI)
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