LLC.1.7.070 Unknown or Contingent Claims

A claim not barred under Section LLC.1.7.060 may be enforced:

(a) Against the dissolved LLC, to the extent of its undistributed assets.

(b) If the dissolved LLC's assets have been distributed in liquidation, against an Owner of the LLC, other than the Tribe, to the extent of the Owner's proportionate share of the claim or of the assets of the LLC distributed to the Owner in liquidation, whichever is less, but an Owner's total liability for all claims under this section may not exceed the total value of assets at the time distributed to the Owner.