{"id":541,"date":"2011-05-31T11:55:51","date_gmt":"2011-05-31T18:55:51","guid":{"rendered":"http:\/\/www.keytlaw.com\/azllclaw\/?page_id=541"},"modified":"2017-02-25T05:49:20","modified_gmt":"2017-02-25T12:49:20","slug":"ars-section-29-655","status":"publish","type":"page","link":"https:\/\/www.keytlaw.com\/azllclaw\/arizona-llc-statutes\/article-3\/ars-section-29-655\/","title":{"rendered":"ARS Section 29-655 Rights of Judgment Creditors of a Member"},"content":{"rendered":"<p style=\"text-align: justify;\">A. On application to a court of competent jurisdiction by any judgment creditor of a member, the court may charge the member&#8217;s interest in the limited liability company with payment of the unsatisfied amount of the judgment plus interest. To the extent so charged, the judgment creditor has only the rights of an assignee of the member&#8217;s interest.<\/p>\n<p>B. This chapter does not deprive any member of the benefit of any exemption laws applicable to his interest in the limited liability company.<\/p>\n<p>C. This section provides the exclusive remedy by which a judgment creditor of a member may satisfy a judgment out of the judgment debtor&#8217;s interest in the limited liability company.<\/p>\n<p style=\"text-align: justify;\"><strong>Caution<\/strong>:\u00a0\u00a0The above language was taken from Arizona&#8217;s statutes on November 12, 2016.\u00a0 Check the Arizona legislature&#8217;s <a href=\"http:\/\/www.azleg.gov\/ars\/29\/00655.htm\" target=\"_blank\">website<\/a> to determine if this statute changed after November 12, 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A. On application to a court of competent jurisdiction by any judgment creditor of a member, the court may charge the member&#8217;s interest in the limited liability company with payment of the unsatisfied amount of the judgment plus interest. To the extent so charged, the judgment creditor has only the rights of an assignee of the member&#8217;s interest. B. This chapter does not deprive any member of the benefit of any exemption laws applicable to his interest in the limited liability company. C. This section provides the exclusive remedy by which a judgment creditor of a member may satisfy a judgment out of the judgment debtor&#8217;s interest in the limited liability company. Caution:\u00a0\u00a0The above language was taken from Arizona&#8217;s statutes on November 12, 2016.\u00a0 Check the Arizona legislature&#8217;s website to determine if this statute changed after November 12, 2016.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":388,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-541","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Arizona Revised Statutes Section 29-655<\/title>\n<meta name=\"description\" content=\"Arizona LLC Law: The actual text of Arizona Revised Statutes Section 29-655 Rights Of Judgment Creditors Of A Member\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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