GroundRules
S.C. Code Ann. § 33-44-502: Transfer of distributional interest.
Where this section sits in the code
- Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 44 Uniform Limited Liability Company Act of 1996
- ARTICLE 5 Transferees and Creditors of Member
A transfer of a distributional interest does not entitle the transferee to become or to exercise any rights of a member. A transfer entitles the transferee to receive, to the extent transferred, only the distributions to which the transferor would be entitled.
Collected 2026-09-02T07:04:34Z. Source file · JSON