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N.H. Rev. Stat. Ann. § 304-C:119

Nature of Membership Rights, Etc

Source. 2012, 232:2, eff

I. Membership rights in a limited liability company are intangible personal property.

II. A member has no interest in limited liability company property.

III. Unless the operating agreement provides otherwise, the membership rights of members, other than the members' limited liability company interests, are personal and non-transferable except to the extent that a transferee may succeed to membership rights under the provisions of RSA 304-C:121, RSA 304-C:123, or RSA 304-C:124.

Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.