Georgia § 14-11-409 - Right to distribution.
Full text of Georgia Official Code of Georgia Annotated § 14-11-409 — Right to distribution., with citation guidance and answers to common questions.
§ 14-11-409. Right to distribution.
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. (Code 1981, § 14-11-409 , enacted by Ga. L. 1993, p. 123, § 1.)
Frequently Asked Questions About Georgia § 14-11-409
What does Official Code of Georgia Annotated § 14-11-409 cover?
Section 14-11-409 ("Right to distribution.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 14-11-409?
A common citation format is "Official Code of Georgia Annotated § 14-11-409" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 14-11-409 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.