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.
Source: L. 90: Entire article added, p. 432, § 1, effective April 18. L. 2004: Entire section amended, p. 1461, § 186, effective July 1.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 80 - Limited Liability Companies
Part 6 - Distributions and Resignation
§ 7-80-601. Interim Distributions
§ 7-80-602. Resignation of Member
§ 7-80-603. Interest of Member Upon Resignation
§ 7-80-604. Distribution in Kind