There is a newer version of the Louisiana Laws
2011 Louisiana Laws
Revised Statutes
TITLE 12 — Corporations and associations
RS 12:1329 — Nature of membership interest
LA Rev Stat § 12:1329 What's This?
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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