(a) A limited liability company interest is personal property. A member has no interest in specific limited liability company property.
(b) An operating agreement or the articles of organization may provide that a limited liability company interest may be evidenced by a certificate issued by the limited liability company.
Section: 14-11-501 14-11-502 14-11-503 14-11-504 14-11-505 14-11-506 NextLast modified: October 14, 2016