A membership interest is personal property. A member is not a co-owner of and has no interest in specific limited liability company property.
ORS 63.239
Known as the Oregon Limited Liability Company Act
The act spans §§ 63–63 (137 sections).
Applied in 4 court decisions — leading case Vukanovich v. Kine (2012)
Most recently applied in 322 Or. App. 340 - Gould v. Deschutes County (October 2022)
1993 c.173 §48
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.