Va. Code § 13.1-1036

Current with changes from the 2024 Special Session I, ch. 2
Section 13.1-1036 - Liability upon wrongful distribution

If a member has received a distribution in violation of the articles of organization or an operating agreement or in violation of § 13.1-1035 of this chapter, then the member is liable to the limited liability company for a period of two years thereafter for the amount of the distribution wrongfully made.

Va. Code § 13.1-1036

1991, c. 168; 2009, c. 763.
Amended by Acts 2009, § c. 763.
Amended by Acts 1991, § c. 168.