A transferable interest is personal property.
Cal. Corp. Code § 17705.01
Transferable Interests and Rights of Transferees and Creditors
Known as the California Revised Uniform Limited Liability Company Act
The act spans §§ 17701–17713 (112 sections).
Applied in 1 court decision — leading case MDQ, LLC v. Gilbert, Kelly, Crowley & Jennett LLP (2019)
Most recently applied in MDQ, LLC v. Gilbert, Kelly, Crowley & Jennett LLP (February 2019)
Added by Stats. 2012, Ch. 419, Sec. 20
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.