                                 CODE OF VIRGINIA

LIABILITY UPON WRONGFUL DISTRIBUTION (§ 13.1-1036)

If a member has received a distribution in violation of the articles of
organization or an operating agreement or in violation of § 13.1-1035 of this
chapter, then the member is liable to the limited liability company for a period
of two years thereafter for the amount of the distribution wrongfully made.

HISTORY: 1991, c. 168; 2009, c. 763.