Kentucky Statutes 275.235 – Member’s rights and remedies when entitled to receive a distribution
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At the time a member becomes entitled to receive a distribution, the member shall have the status of, and shall be entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.
Effective: July 15, 1994
History: Created 1994 Ky. Acts ch. 389, sec. 47, effective July 15, 1994.
Effective: July 15, 1994
Terms Used In Kentucky Statutes 275.235
- Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
History: Created 1994 Ky. Acts ch. 389, sec. 47, effective July 15, 1994.