Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 10.50.355 - Transfer of property(a) Except as provided in (b) of this section, a limited liability company may transfer the property of the company if the company uses an instrument of transfer signed by a member of the company in the name of the company.(b) If the company is managed by a manager, (1) title to limited liability company property may be transferred by an instrument of transfer signed by a manager of the company in the name of the company; and(2) a member, solely by reason of being a member, does not have the authority to transfer the property of the company.