347.119. Judgment creditor of member, charge of member's interest with payment of unsatisfied judgment. - Missouri Statutes

Judgment creditor of member, charge of member's interest withpayment of unsatisfied judgment.

347.119. On application to a court of competentjurisdiction by any judgment creditor of a member, the court maycharge the member's interest in the limited liability companywith payment of the unsatisfied amount of the judgment withinterest. To the extent so charged, the judgment creditor hasonly the rights of an assignee of the member's interest.Sections 347.010 to 347.187 do not deprive any member of thebenefit of any exemption laws applicable to his interest in thelimited liability company.

(L. 1993 S.B. 66 & 20 § 359.774)

Effective 12-1-93