S.C. Code § 33-44-502

Current through 2024 Act No. 120.
Section 33-44-502 - Transfer of distributional interest

A transfer of a distributional interest does not entitle the transferee to become or to exercise any rights of a member. A transfer entitles the transferee to receive, to the extent transferred, only the distributions to which the transferor would be entitled.

S.C. Code § 33-44-502

1996 Act No. 343, Section 2.