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Form a Business

Nature of membership interest

La. R.S. 12:1329
in effect
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12:1329. Nature of membership interest A membership interest shall be an incorporeal movable. A member shall have no interest in limited liability company property. Acts 1992, No. 780, §2, eff. July 7, 1992.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=76281Fetched: 10/20/2026

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