Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 1405 — 1405 — U.S. Virgin Islands Law | CourtGPT
  1. Home/
  2. Laws/
  3. U.S. Virgin Islands/
  4. Title 13/
  5. Chapter 15/
  6. Subchapter Iv/
  7. 1405
U.S. Virgin Islands Legal Code

1405

U.S. Virgin Islands § 1405 — U.S. Virgin Islands law

Ask AI about this
(a) Any distributions made by a limited liability company before its dissolution and winding up must be in equal shares.\n(b) A member has no right to receive, and may not be required to accept, a distribution in kind.\n(c) If 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.