{"data":{"id":"us-pa/15-pa.c.s.-8851","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 8851","heading":"Nature of transferable interest.","body":"(a) Personal property.--A transferable interest is personal property.\n(b) Only right that may be transferred.--A person may not transfer to a person not a member any rights in a limited liability company other than a transferable interest.","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART III PARTNERSHIPS AND LIMITED LIABILITY COMPANIES","CHAPTER 88 LIMITED LIABILITY COMPANIES","SUBCHAPTER E TRANSFERABLE INTERESTS AND RIGHTS OF TRANSFEREES AND CREDITORS"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=88\u0026sctn=51\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"ef57369472aded267b11ea1301db396d8e79116d459ea006727b5fadf61fd42a","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-8850","next":"us-pa/15-pa.c.s.-8852"},"notice":"GroundRules: Original legal text. Not legal advice."}