Membership interest as personal property.

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  4. Membership interest as personal property.

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MEMBERSHIP INTEREST AS PERSONAL PROPERTY

A capital interest is personal property. A member has no interest in specific limited liability company property.

Added by Laws 1992, c. 148, § 33, eff. Sept. 1, 1992. Amended by Laws 2017, c. 323, § 45, eff. Nov. 1, 2017.


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