Carter G. Bishop, Professor of Law at Suffolk University Law School compiled a summary of the status of limited liability company charging order protection or lack thereof in all fifty states. His work entitled “Fifty State Series: LLC Charging Order Statutes” is dated October 6, 2011. The table reflects the statutory charging order language of all fifty states. It also classifies each state’s charging order statutes in one of four classes. All links in the table are live to Westlaw and the table is updated a new legislative activity occurs.
Arizona’s LLC charging order statute is Arizona Revised Statute Section 29-655, which states in part:
” This section provides the exclusive remedy by which a judgment creditor of a member may satisfy a judgment out of the judgment debtor’s interest in the limited liability company.”