1. The Laws of New York
  2. Consolidated Laws
  3. Limited Liability Company Law
  4. Article 6: Members and Membership
ARTICLE 6Members and Membership
SECTION 602 Admission of members

Section 601 Nature of membership interest

Limited Liability Company Law (LLC)
A membership interest in the limited liability company is personal property. A member has no interest in specific property of the limited liability company.