Pennsylvania Statutes
§ 8851 — Nature of transferable interest
Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART III·Ch. 88 LIMITED LIABILITY COMPANIES·Subch. TRANSFERABLE INTERESTS AND RIGHTS
(a)Personal property.--A transferable interest is personal property.
(b)Only right that may be transferred.--A person may not transfer to a person not a member any rights in a limited liability company other than a transferable interest.
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