yourstate.us
Ind. Code § 23-18-6-7

Judgment creditors of members; rights

Indiana · Indiana Code Title 23 — Business and Other Associations · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Ind. Code § 23-18-6-7, Judgment creditors of members; rights, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1653947
Permanent ID
ys:prov:1653947@1
SHA-256
06ad4e96ef9eca7ef89aa0b62be58308aeead68eb52bfdb3f81d76499cebfa5c

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Sec. 7. (a) On application to a court with jurisdiction by a judgment creditor of a member, the court may charge the interest of the member in the limited liability company with the payment of the unsatisfied amount of the judgment with interest. (b) To the extent the court charges under subsection (a), the judgment creditor has only the rights of an assignee of the member's interest in the limited liability company. (c) This article does not deprive a member of the benefit of any exemption laws applicable to the member's interest in the limited liability company.