Member's Transferable Interest.

  1. Law
  2. Code of Alabama
  3. Alabama Business and Nonprofit Entities Code.
  4. Alabama Limited Liability Company Law of 2014.
  5. Transferable Interests and Rights of Transferees and Creditors.
  6. Member's Transferable Interest.

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Section 10A-5A-5.01

Member's transferable interest.

The only interest of a member that is transferable is the member's transferable interest. A transferable interest is personal property.

(Act 2014-144, p. 265, §1.)


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