Code of Virginia § 13.1-1037. Right to distribution.
41 words·~1 min read·
/va/title-13-1/chapter-12/13-1-1037·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At the time a member becomes entitled to receive a distribution, he or it has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.
1991, c. 168.