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

SD Codified L § 47-34A-502 (2019) (N/A)
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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.