Indiana § 23-18-6-7 Judgment creditors of members; rights

Indiana Statutes

§ 23-18-6-7 — Judgment creditors of members; rights

Indiana § 23-18-6-7

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 18LIMITED LIABILITY COMPANIES

Ch. 6Membership

This text of Indiana § 23-18-6-7 (Judgment creditors of members; rights) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-18-6-7 (2026).

Text

(a)On application to a court with jurisdiction by a judgment creditor of a member, the court may charge the interest of the member in the limited liability company with the payment of the unsatisfied amount of the judgment with interest.

(b)To the extent the court charges under subsection (a), the judgment creditor has only the rights of an assignee of the member's interest in the limited liability company.

(c)This article does not deprive a member of the benefit of any exemption laws applicable to the member's interest in the limited liability company.

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(a) On application to a court with jurisdiction
by a judgment creditor of a member, the court may charge the interest
of the member in the limited liability company with the payment of the
unsatisfied amount of the judgment with interest.
(b) To the extent the court charges under subsection (a), the
judgment creditor has only the rights of an assignee of the member's
interest in the limited liability company.
(c) This article does not deprive a member of the benefit of any
exemption laws applicable to the member's interest in the limited
liability company.