2013 Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-16 - The Rhode Island Limited Liability Company Act
Section 7-16-37 - Rights of judgment creditor.
§ 7-16-37 Rights of judgment creditor. – On application to a court of competent jurisdiction by any judgment creditor of a member, the court may charge the membership interest of the member with payment of the unsatisfied amount of judgment with interest. To the extent charged, the judgment creditor has only the rights of an assignee of the membership interest. This chapter does not deprive any member of the benefit of any exemption laws applicable to that member's membership interest.
History of Section.
(P.L. 1992, ch. 280, § 1.)
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