Sec. 25-20. Right to distribution.
42 words·~1 min read·
/il/chapter-805/act-180/25-20A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 25-20. Right to distribution. 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 distributions.