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A membership interest in the limited liability company is personal property. A member has no interest in specific property of the limited liability company.
Cite this article: FindLaw.com - New York Consolidated Laws, Limited Liability Company Law - LLC § 601. Nature of membership interest - last updated January 01, 2021 | https://codes.findlaw.com/ny/limited-liability-company-law/llc-sect-601/
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