Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 47-34a-502 — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 47 - Corporations/
  5. Chapter 34a - Uniform Limited Liability Company Act/
  6. § 47-34a-502
South Dakota Legal Code

§ 47-34a-502

Ask AI about this
47-34A-502. Transfer of distributional interest.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. Source: SL 1998, ch 272, §502.