ยง 601. Nature of membership interest. A membership interest in the
limited liability company is personal property. A member has no interest
in specific property of the limited liability company.
Structure New York Laws
LLC - Limited Liability Company Law
Article 6 - Members and Membership
601 - Nature of Membership Interest.
603 - Assignment of Membership Interest.
604 - Rights of Assignee to Become a Member.
605 - Liability Upon Assignment.
607 - Rights of Creditors of Members.
608 - Powers of Estate of a Deceased or Incompetent Member.
609 - Liability of Members, Managers and Agents.
611 - Business Transactions of a Member With the Limited Liability Company.