South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-34A-502: Transfer of distributional interest.

Where this section sits in the code

TITLE 47. CORPORATIONS
CHAPTER 47-34A. UNIFORM LIMITED LIABILITY COMPANY ACT

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 2026-09-03T15:18:57Z. Source file · JSON

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