West Virginia Statutes
§ 31B-5-502 — Transfer of distributional interest
West Virginia § 31B-5-502
JurisdictionWest Virginia
Ch. 31BUNIFORM LIMITED LIABILITY COMPANY ACT
Art. 5TRANSFEREES AND CREDITORS OF MEMBER
This text of West Virginia § 31B-5-502 (Transfer of distributional interest) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 31B-5-502 (2026).
Text
A transfer of a distributional interest does not entitle the transferee to become or to exercise any rights of a member. A transfer entitles the transferee to receive, to the extent transferred, only the distributions to which the transferor would be entitled.
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Legislative History
1996 Reg. Sess., SB338
Nearby Sections
15
§ 31B-1-101
Definitions§ 31B-1-102
Knowledge and notice§ 31B-1-104
Supplemental principles of law§ 31B-1-105
Name§ 31B-1-106
Reserved name§ 31B-1-107
Registered name§ 31B-1-110
Resignation of agent for service of process§ 31B-1-111
Service of process§ 31B-1-112
Nature of business and powers§ 31B-1-114
Penalty for signing false document§ 31B-10-1001
Law governing foreign limited liability companiesCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 31B-5-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31B/31B-5-502.