A limited liability company interest shall be personal property.
KRS 275.250
Status of company interest as personal property
Known as the Kentucky Limited Liability Company Act
The act spans §§ 275.001 to 275.540 (110 sections).
Applied in 2 court decisions — leading case Mike Lairsen v. Jim Figuerado (2012)
Most recently applied in 945 F. Supp. 2d 802 - First Bancorp, Inc. v. United States (May 2013)
Effective: July 15, 1994 History: Created 1994 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.