There Is a Newer Version of the Utah Code
2012 Utah Code
Title 48 - Partnership
Article 2c - Utah Revised Limited Liability Company Act
Section 1004 - Right to distributions.
UT Code § 48-2c-1004 (2012) What's This?
48-2c-1004. Right to distributions.
At the time a member becomes entitled to receive a distribution from the company, the member has the status of, and is entitled to all remedies available to, a creditor of the company with respect to the distribution.
Enacted by Chapter 260, 2001 General Session
Repealed by Chapter 353, 2011 General Session
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