{"data":{"id":"us-ny/n.y.-limited-liability-company-law-607","jurisdiction":"us-ny","citation":"N.Y. Limited Liability Company Law § 607","heading":"Rights of creditors of members","body":"§ 607. Rights of creditors of members. (a) On application to a court\nof competent jurisdiction by any judgment creditor of a member, the\ncourt may charge the membership interest of the member with payment of\nthe unsatisfied amount of the judgment with interest. To the extent so\ncharged, the judgment creditor has only the rights of an assignee of the\nmembership interest.  This chapter does not deprive any member of the\nbenefit of any exemption laws applicable to his or her membership\ninterest.\n  (b) No creditor of a member shall have any right to obtain possession\nof, or otherwise exercise legal or equitable remedies with respect to,\nthe property of the limited liability company.","path":["Limited Liability Company Law","Article 6. Members and Membership"],"source_url":"https://legislation.nysenate.gov/api/3/laws/LLC/607","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"1e545ddf4e0b482753385c9f5d7bff36e153248df9a49d6bbf6d6ae24ec3e3db","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-limited-liability-company-law-606","next":"us-ny/n.y.-limited-liability-company-law-608"},"notice":"GroundRules: Original legal text. Not legal advice."}