As respects any such claims, the limited liability company and its members shall have rights of contribution among themselves so as to produce, insofar as practicable, the effects that would have been produced had such claim been discharged by the limited liability company prior to any distribution to members.
History. Code 1981, § 14-11-605 , enacted by Ga. L. 1993, p. 123, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 11 - Limited Liability Companies
Article 6 - Events of Dissociation, Withdrawal, and Dissolution
§ 14-11-601. Events of Dissociation
§ 14-11-601.1. Events Resulting in Cessation of Membership
§ 14-11-603. Judicial and Administrative Dissolution; Reservation of Name
§ 14-11-605. Distribution of Assets
§ 14-11-606. Statement of Commencement of Winding Up
§ 14-11-607. Known Claims Against Dissolved Limited Liability Company
§ 14-11-608. Unknown Claims Against Dissolved Limited Liability Company
§ 14-11-609. Manner of Publication of Request for Claims
§ 14-11-610. Certificate of Termination
§ 14-11-611. Execution of Deeds or Other Instruments by Signing