Status of member entitled to receive distribution

Ind. Code § 23-18-5-9, under Finance.

Ind. Code § 23-18-5-9

Sec. 9. 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. As added by P.L.8-1993, SEC.301.