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LOUISIANA STATUTES AND CODES

RS 12:1329 Nature of membership interest

PART VI.  ASSIGNMENT OF MEMBERSHIP INTERESTS

§1329.  Nature of membership interest

A membership interest shall be an incorporeal movable.  A member shall have no interest in limited liability company property.  

Acts 1992, No. 780, §2, eff. July 7, 1992.  

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