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Georgia State Code
Title      14
Chapter      11  
Section Navigation   100 ... 207       208 ... 305   
   306 ... 401       402 ... 502   
     503 ... 605       606 ... 704   
   705 ... 802       803 ... 905   
  1001 ... 1010     1011 ... 1107  
  1108 ... 1109    
Section<<< 503 504 505 506 601 601.1 602 603 604 605 >>>  
Title 14, Chapter 11, Section 504 (14-11-504)

(a) On application to a court of competent jurisdiction by any judgment creditor of a member or of any assignee of a member, the court may charge the limited liability company interest of the member or such assignee with payment of the unsatisfied amount of the judgment with interest. To the extent so charged, the judgment creditor has only the rights of an assignee of the limited liability company interest. This chapter does not deprive any member of the benefit of any exemption laws applicable to his or her limited liability company interest.

(b) The remedy conferred by this Code section shall not be deemed exclusive of others which may exist, including, without limitation, the right of a judgment creditor to reach the limited liability company interest of the member by process of garnishment served on the limited liability company.

Friday November 21 10:28 CST


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