Right to distribution.

Del. Code tit. 6, § 18-606
in effect
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Subject to §§ 18-607 and 18-804 of this title, and unless otherwise provided in a limited liability company agreement, 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 a limited liability company with respect to the distribution. A limited liability company agreement may provide for the establishment of a record date with respect to allocations and distributions by a limited liability company.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c018/sc06/index.htmlFetched: 10/4/2026

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