2012 North Carolina General Statutes
Chapter 57C - North Carolina Limited Liability Company Act.
Article 6 - Dissolution.
Section 57C-6-09 - Enforcement of claims.
57C-6-09. Enforcement of claims.
(a) A claim under G.S. 57C-6-07 or G.S. 57C-6-08 may be enforced:
(1) Against the dissolved limited liability company, to the extent of its undistributed assets, including coverage under any applicable insurance policy; or
(2) If the assets have been distributed in winding up, against a member of the dissolved limited liability company to the extent of his pro rata share of the claim or the limited liability company assets distributed to him in winding up, whichever is less, but a member's total liability for all claims under this section may not exceed the total amount of assets distributed to him.
(b) Nothing in G.S. 57C-6-07 or G.S. 57C-6-08 shall extend any applicable period of limitation. (1993, c. 354, s. 1.)
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