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State Statutes
- Idaho
- Title 53
- Chapter 6
- 53-649
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| Idaho Statutes |
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| 53-649 - UNKNOWN CLAIMS AGAINST DISSOLVED LIMITED LIABILITY COMPANY |
A claim not barred under section 53-648, Idaho Code, may be enforced: (1) Against the limited liability company, to the extent of its undistributed assets; or (2) If the assets have been distributed in liquidation, against a member of the limited liability company to the extent of his pro rata share of the claim or the assets of the limited liability company distributed to him in liquidation, whichever is less, but a member's total liability for all claims under the provisions of this section may not exceed the total amount of assets distributed to him. |
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