State Codes and Statutes

Statutes > New-york > Llc > Article-5 > 506

§  506.  Right to distribution. Subject to sections five hundred eight  and seven hundred four of this chapter, at the  time  a  member  becomes  entitled  to  receive a distribution, such 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 > New-york > Llc > Article-5 > 506

§  506.  Right to distribution. Subject to sections five hundred eight  and seven hundred four of this chapter, at the  time  a  member  becomes  entitled  to  receive a distribution, such 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 > New-york > Llc > Article-5 > 506

§  506.  Right to distribution. Subject to sections five hundred eight  and seven hundred four of this chapter, at the  time  a  member  becomes  entitled  to  receive a distribution, such 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.