A transferable interest is personal property.
Iowa Code § 489.501
Nature of transferable interest
Known as the Uniform Limited Liability Company Act
The act spans §§ 489–489 (188 sections).
Applied in 1 court decision — leading case Wells Fargo Equipment Finance Inc. v. Jason Retterath and Analia Retterath (2019)
Most recently applied in Wells Fargo Equipment Finance Inc. v. Jason Retterath and Analia Retterath (April 2019)
2008 Acts, ch 1162, §41, 155
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.