R.I. Gen. Laws § 7-16-33

Current through 2024 Public Law 44
Section 7-16-33 - Right to distribution

Unless otherwise provided in the operating agreement, 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.

R.I. Gen. Laws § 7-16-33

P.L. 1992, ch. 280, § 1.