The only interest of a member that is transferable is the member’s transferable interest. A transferable interest is personal property.
History: (Act 2014-144, p. 265, §1.)
Ala. Code § 10A-5A-5.01 — under Title 10A.
Ala. Code § 10A-5A-5.01
The only interest of a member that is transferable is the member’s transferable interest. A transferable interest is personal property.
History: (Act 2014-144, p. 265, §1.)