Rights of judgment creditors of a member

(1) The Court shall have exclusive jurisdiction to resolve (a) by a judgment creditor or other creditor against or to a member’s interest in a limited liability company; and (b) for a charging order against a member’s (2) On application to the Court by a judgment creditor of a member of a limited liability company, the Court may charge the member’s interest 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 member’s interest. (3) Notwithstanding any other law, the remedy provided by subsection (2) of this section shall be the sole and exclusive remedy available to a judgment creditor or other creditor of a member. A member’s interest may not be involuntarily sold, conveyed, transferred, foreclosed, charged or executed upon in contravention of this section. (4) In any action to charge the interest of a member brought under this section, service of process must be made upon the registered agent of the limited liability company in accordance with the laws of Belize. 36