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Section 14-11-409 - Right to distribution — Georgia Law | CourtGPT
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  2. Laws/
  3. Georgia/
  4. Title 14 - Corporations, Partnerships, and Associations/
  5. Chapter 11 - Limited Liability Companies/
  6. Article 4 - Finance/
  7. Section 14-11-409 - Right to distribution
Georgia Legal Code

Section 14-11-409 - Right to distribution

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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.