New York Consolidated Laws, Limited Liability Company Law - LLC § 506. Right to distribution
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Subject to sections five hundred eight and seven hundred four of this chapter, at the time a member becomes entitled to receive a distribution, such 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.
Cite this article: FindLaw.com - New York Consolidated Laws, Limited Liability Company Law - LLC § 506. Right to distribution - last updated January 01, 2021 | https://codes.findlaw.com/ny/limited-liability-company-law/llc-sect-506/
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