79-29-604 - Right to distribution.
§ 79-29-604. Right to distribution.
Subject to Sections 79-29-605 and 79-29-805, at the time a member becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.
Sources: Laws, 1994, ch. 402, § 40, eff from and after July 1, 1994.