{"data":{"id":"us-hi/haw.-rev.-stat.-428-504","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 428-504","heading":"Rights of creditors.","body":"(a) On application by a judgment creditor of a member of a limited liability company or a member's transferee, a court having jurisdiction may order that the distributional interest of the judgment debtor be used to satisfy the judgment. The court may appoint a receiver to carry out the provisions of the charging order.\n\n(b) A charging order constitutes a lien on the judgment debtor's distributional interest. The court may order a foreclosure of a lien on a distributional interest subject to the charging order at any time. A purchaser at the foreclosure sale has the rights of a transferee.\n\n(c) At any time before foreclosure, a distributional interest in a limited liability company which is charged may be redeemed:\n\n(1) By the judgment debtor;\n\n(2) With property other than the company's property, by one or more of the other members; or\n\n(3) With the company's property, but only if permitted by the operating agreement.\n\n(d) This chapter does not affect a member's right under exemption laws with respect to the member's distributional interest in a limited liability company.\n\n(e) This section provides the exclusive remedy by which a judgment creditor of a member or a transferee may satisfy a judgment out of the judgment debtor's distributional interest in a limited liability company.","path":["HI Code","Division 2","Title 23A","Chapter 428"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0428/HRS_0428-0504.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"da3e2b01c6c3ee90b7abf52207e4cb14ada45835f7df4052ad75bf258a22aee9","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-428-503","next":"us-hi/haw.-rev.-stat.-428-602"},"notice":"GroundRules: Original legal text. Not legal advice."}