§ 14-11-501. Nature of Limited Liability Company Interest

1. A limited liability company interest is personal property.  A member has no interest in specific limited liability company property.
2. An operating agreement or the articles of organization may provide that a limited liability company interest may be evidenced by a certificate issued by the limited liability company.

History. Code 1981, § 14-11-501 , enacted by Ga. L. 1993, p. 123, § 1.