25.15.245 - Nature of limited liability company interest -- Certificate of interest. - Washington Statutes

Nature of limited liability company interest — Certificate of interest.

(1) A limited liability company interest is personal property. A member has no interest in specific limited liability company property.

     (2) A limited liability company agreement may provide that a member's interest in a limited liability company may be evidenced by a certificate of limited liability company interest issued by the limited liability company.

[1994 c 211 § 701.]