2006 New York Code - Right To Distribution.



 
    §  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.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.