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New York · Through 2026-09-11

N.Y. Limited Liability Company Law § 607: Rights of creditors of members

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Where this section sits in the code
  1. Limited Liability Company Law
  2. Article 6. Members and Membership

§ 607. Rights of creditors of members. (a) On application to a court

of competent jurisdiction by any judgment creditor of a member, the

court may charge the membership interest of the member with payment of

the unsatisfied amount of the judgment with interest. To the extent so

charged, the judgment creditor has only the rights of an assignee of the

membership interest. This chapter does not deprive any member of the

benefit of any exemption laws applicable to his or her membership

interest.

(b) No creditor of a member shall have any right to obtain possession

of, or otherwise exercise legal or equitable remedies with respect to,

the property of the limited liability company.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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