For purposes of this section, the term "distribution" shall not include amounts constituting reasonable compensation for present or past services or reasonable payments made in the ordinary course of business pursuant to a bona fide retirement plan or other benefits program.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 29 - Revised Mississippi Limited Liability Company Act
§ 79-29-601. Distributions generally and interim distributions
§ 79-29-603. Distribution upon withdrawal of member
§ 79-29-605. Distribution in kind