Section 304-C:45 Nature of Limited Liability Company Interest.
A limited liability company interest is intangible personal property. A member has no interest in limited liability company property. Rights and interests of members, other than their limited liability company interests, are personal and non-transferable except to the extent that a transferee may succeed to such rights and interests in conformity with RSA 304-C:46-49.
Source. 1993, 313:1. 1997, 120:31, eff. Aug. 8, 1997.