{"data":{"id":"us-vt/11-v.s.a.-4109","jurisdiction":"us-vt","citation":"11 V.S.A. § 4109","heading":"Enforcement of claims against dissolved limited liability company","body":"A claim not barred under section 4108 of this title may be enforced against the dissolved limited liability company:\n(1) to the extent of its undistributed assets, including any insurance assets held by the limited liability company that may be available to satisfy claims; or\n(2) if the assets have been distributed in liquidation, against a member of the dissolved company to the extent of the member’s proportionate share of the claim or the company’s assets distributed to the member in liquidation, whichever is less, but a member’s total liability for all claims under this section may not exceed the total amount of assets distributed to the member.","path":["Title 11: Corporations, Partnerships and Associations","Chapter 025: Limited Liability Companies","Subchapter 007: WINDING UP OF COMPANY BUSINESS"],"source_url":"https://legislature.vermont.gov/statutes/section/11/025/04109","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:01:21Z","sha256":"c5aa10fb182161e74e51e523b89cf569da4988c9b5965f60218306be7b730229","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-4108","next":"us-vt/11-v.s.a.-4111"},"notice":"GroundRules: Original legal text. Not legal advice."}