§ 48-245-1101. Disposition Upon Liquidation

Distribution of assets in winding up.  Upon the winding up of an LLC, the assets shall be distributed as follows: To creditors, including members who are creditors, to the extent otherwise permitted by law, in satisfaction of liabilities of the LLC (whether by payment or the making of reasonable provisions for payment thereof) other than: […]

§ 48-245-1102. Omitted Assets

Title to assets remaining after payment of all debts, obligations, or liabilities and after distributions to members may be transferred by a court in this state.