Ala. Code § 10A-5A-5.01

Current with legislation from 2024 effective through April 25, 2024.

Section 10A-5A-5.01 - Member's transferable interest

The only interest of a member that is transferable is the member's transferable interest. A transferable interest is personal property.

Ala. Code § 10A-5A-5.01 (1975)

Added by Act 2014-144,§ 1, eff. 1/1/2015.