2018 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 11 - Limited Liability Companies
Article 5 - Limited Liability Company Interests; Admission of Members
§ 14-11-501. Nature of limited liability company interest

Universal Citation: GA Code § 14-11-501 (2018)
  • (a) A limited liability company interest is personal property. A member has no interest in specific limited liability company property.

  • (b) An operating agreement or the articles of organization may provide that a limited liability company interest may be evidenced by a certificate issued by the limited liability company.

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