There is a newer version of the Minnesota Statutes
2011 Minnesota Statutes
Chapters 321 - 323A — Partnerships
Chapter 322B — Limited Liability Companies
Section 322B.53 — Status As a Creditor
MN Stat § 322B.53 (1996 through Reg Sess) What's This?
322B.53 STATUS AS A CREDITOR. 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.
History:
1992 c 517 art 2 s 59
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