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Georgia Statutes

§ 14-11-409 — Right to distribution

Georgia § 14-11-409
JurisdictionGeorgia
Title14

This text of Georgia § 14-11-409 (Right to distribution) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 14-11-409 (2026).

Text

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.

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Nearby Sections

15
§ 14-10-1
Short title
§ 14-10-10
Ownership
§ 14-10-11
Severance of connection with association required upon legal disqualification of member to render professional service; effect of failure to comply
§ 14-10-12
Valuation of membership or shares of deceased, retired, expelled, or disqualified member or shareholder
§ 14-10-14
Limitation on sale or transfer of membership or shares
§ 14-10-15
Distribution of assets following dissolution
§ 14-10-16
Powers generally; assets not liable to attachment for debts of members or shareholders
§ 14-10-17
Actions by or against associations
§ 14-10-18
Applicability of corporation laws; inapplicability of partnership laws
§ 14-10-2
Definitions
§ 14-10-3
Persons entitled to form association; purpose; limitation to one type of professional service
§ 14-10-4
Formation
§ 14-10-5
Business other than rendering professional service prohibited; investments and ownership of property
§ 14-10-6
Professional services to be rendered only by licensed officers, employees, and agents; "employee" defined
§ 14-10-7
Relationship between person rendering and person receiving professional service; liability of members for debts of or claims against association
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Bluebook (online)
Georgia § 14-11-409, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/14-11-409.