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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter57D. North Carolina Limited Liability Company Act. |
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Article5. Transfer of Ownership Interests; Withdrawal |
§57D-5-02. Transfer of economic interests
Latest version.
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An economic interest is transferable in whole or in part. The transfer of an economic interest or portion thereof does not entitle the transferee to become or exercise any rights of a member other than to receive the economic interest or the portion thereof assigned to the transferee.
(2013-157, s. 2.)