Md. Code, Corp. & Ass'ns § 4A-505

Current with changes from the 2024 Legislative Session
Section 4A-505 - Status of creditor

Unless otherwise agreed, a member of a limited liability company who becomes entitled to receive a distribution has the status of, and is entitled to all remedies available to, a creditor of the limited liability company with respect to the distribution.

Md. Code, CA § 4A-505