State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-11 > Article-4 > 14-11-409

O.C.G.A. 14-11-409 (2010)
14-11-409. Right to distribution


At the time a member becomes entitled to receive a distribution, the member has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.

State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-11 > Article-4 > 14-11-409

O.C.G.A. 14-11-409 (2010)
14-11-409. Right to distribution


At the time a member becomes entitled to receive a distribution, the member has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-11 > Article-4 > 14-11-409

O.C.G.A. 14-11-409 (2010)
14-11-409. Right to distribution


At the time a member becomes entitled to receive a distribution, the member has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.