The only interest of a member that is transferable is the member's transferable interest. A transferable interest is personal property.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 5A - Alabama Limited Liability Company Law of 2014.
Article 5 - Transferable Interests and Rights of Transferees and Creditors.
Section 10A-5A-5.01 - Member's Transferable Interest.
Section 10A-5A-5.02 - Transfer of Transferable Interest.
Section 10A-5A-5.03 - Charging Order.
Section 10A-5A-5.04 - Power of Personal Representative of Deceased Member.