23-18-5-9. Status of member entitled to receive distribution

IN Code § 23-18-5-9 (2019) (N/A)
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Sec. 9. 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.

As added by P.L.8-1993, SEC.301.