There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 57C-4-08. Right to distribution.
§ 57C‑4‑08. Right to distribution.
Subject to the provisions of this Article, 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. (1993, c. 354, s. 1.)
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