N.Y. Limited Liability Company Law Section 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.

Source: Section 601 — Nature of membership interest, https://www.­nysenate.­gov/legislation/laws/LLC/601 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 601’s source at nysenate​.gov

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