An economic interest is transferable in whole or in part. The transfer of an economic interest or portion thereof does not entitle the transferee to become or exercise any rights of a member other than to receive the economic interest or the portion thereof assigned to the transferee.
N.C. Gen. Stat. § 57D-5-02
Transfer of economic interests
Applied in 1 court decision — leading case Hampton v. Hanzel (2018)
Most recently applied in Hampton v. Hanzel (June 2018)
2013-157, s. 2.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.