What does Lawsmith draft for a llc membership interest assignment?

Transfer units in an LLC, with or without admitting the assignee as a member. You start from the matter's documents, describe it in your own words, or answer plain intake questions, and the draft comes back as an editable Word document for your review.

Where do the citations come from?

From the statutes, court rules, regulations and forms Lawsmith has saved from each state's government publishers, with the date each text was read and a label saying whether it is the official text. Before writing, the drafter must quote the saved text behind each citation; a citation with no checked quotation reaches you marked for verification.

Is it reviewed by an attorney?

No. Every draft is a first draft for a licensed attorney's review before it is signed, filed or sent. Each citation in it quotes the text Lawsmith has on file or is marked for verification.

Five documents free, no card. After that, Professional is $499 a month for one attorney.

LLC Membership Interest Assignment for attorneys in 13 states, drafted from published statutes

What you get

An editable Word document, drafted from your answers and the state's published law.
A proof of sources: every citation in the draft with the words it quotes, the source and whether it is the official text, the date the text was saved and its fingerprint.
Notes for counsel listing each point marked [VERIFY], each blank and each choice left for the client.

What the intake asks

Plain questions, in the order an attorney would take the facts. Anything left blank stays a marked blank in the draft; nothing is invented to fill it.

The parties

Your client is the
Company's legal name
Company details
Assignor's legal name
Assignor details
Assignee's legal name
Assignee details

The assignment

The interest assigned
Consideration
Rights the assignee receives
Consents and waivers
Representations
Effective date

Signing

How will this be signed
Other instructions or open decisions

Where it is offered

Every state Lawsmith has sources for:

California Connecticut Delaware District of Columbia Florida Maryland Massachusetts New Jersey New York Ohio Pennsylvania Texas Virginia

Sources on file

The drafter works from the texts Lawsmith has saved for this document in the state you choose, plus federal law where it applies. Each is read from its government publisher and dated, and labelled official only where the state designates that text official.

State	Sources for this document
California	45
Connecticut	42
Delaware	55
District of Columbia	48
Florida	54
Maryland	41
Massachusetts	49
New Jersey	48
New York	49
Ohio	32
Pennsylvania	46
Texas	67
Virginia	43

Among them, for New Jersey:

N.J.S.A. 2A:14-1: 6 years
N.J.S.A. 42:2C-10 Reservation of name.
N.J.S.A. 42:2C-11 Operating agreement; scope, function, and limitations.
N.J.S.A. 42:2C-12 Operating agreement; effect on limited liability company and persons becoming members; preformation agreement.
N.J.S.A. 42:2C-13 Operating agreement; effect on third parties and relationship to records effective on behalf of limited liability company.

The law on file, state by state

What the drafter reads for this document in each state, from the publisher's own pages. A listed text is on file; whether it governs your matter is your call. The collection does not establish complete legal coverage.

California

Cal. Corp. Code § 17705.04. Rights of a deceased member's personal representative statute
Cal. Civ. Code § 1624. Statute of frauds statute
Contract formation, interpretation and remedies text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.01 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.02 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.04 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.06 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.07 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.08 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.09 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Cal. Corp. Code § 17701.10 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Connecticut

Conn. Gen. Stat. § 34-243f: Operating agreement: Effect on third parties and relationship to records effective on behalf of limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-243e: Operating agreement: Effect on limited liability company and person becoming member. Formation of agreement that becomes operating agreement. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-243g: Nature, purpose and duration of limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-247: Formation of limited liability company. Certificate of organization. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-247f: Effective date and time. Except as provided in section 34-247g and subject to the provisions of subsection (c) of section 34-247h, a certificate of organization is effective and a foreign registration certificate is effective on the date and at the time of its filing by the Secretary of the State, as provided in section 34-247e. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-267c: Known claims against dissolved limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-243d. Operating agreement: Scope, function and limitations. statute
LLC powers text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement. This source alone does not establish enforceability or complete coverage.
Conn. Gen. Stat. § 34-255e: Liability for improper distributions. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-255i: Rights of member, manager and person disassociated as member to information. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Conn. Gen. Stat. § 34-259a: Transfer of transferable interest. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Delaware

6 Del. C. § 18-702: Assignment of limited liability company interest. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-703: Member’s limited liability company interest subject to charging order. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-107: Business transactions of member or manager with the limited liability company. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-1101: Construction and application of chapter and limited liability company agreement. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-111: Interpretation and enforcement of limited liability company agreement. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-405: Remedies for breach of limited liability company agreement by manager. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-701: Nature of limited liability company interest. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-303: Liability to third parties. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-704: Right of assignee to become member. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
6 Del. C. § 18-805: Trustees or receivers for limited liability companies; appointment; powers; duties. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

District of Columbia

D.C. Code § 29–801.09. Operating agreement; effect on third parties and relationship to records effective on behalf of limited liability company. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–801.08. Operating agreement; effect on limited liability company and persons becoming members; preformation agreement. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–801.04. Nature, purpose, and duration of limited liability company. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–802.01. Formation of limited liability company; certificate of organization. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–802.06. Series of members, managers, or interests of limited liability company. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–807.03. Known claims against dissolved limited liability company. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–807.04. Other claims against dissolved limited liability company. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–807.05. Distribution of assets in winding up limited liability company’s activities and affairs. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–801.07. Operating agreement; scope, function, and limitations. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.
D.C. Code § 29–804.06. Liability for improper distributions. statute
D.C. LLC law from the Council’s code site. Review definitions, exceptions, nonwaivable limits and subsequent amendments; this collection does not establish complete legal coverage.

Florida

Fla. Stat. § 605.0105: LLC operating agreement scope statute
LLC operating agreement scope text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0102 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0103 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0104 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0106 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0107 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0108 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0109 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0110 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Fla. Stat. § 605.0111 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Maryland

Md. Code, Commercial Law § 13-101: Definitions (Maryland Consumer Protection Act) statute
Consumer means an actual or prospective purchaser, lessee or recipient of consumer goods, services, realty or credit, and expressly includes a co-obligor or surety for a consumer.
Md. Code, Commercial Law § 13-301: Unfair, abusive, or deceptive trade practices statute
The enumerated practices include any false or misleading statement with the capacity, tendency or effect of deceiving consumers; failure to state a material fact if the failure deceives or tends to deceive;
Md. Code, Corporations and Associations § 4A-101 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-102 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-201 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-202 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-204 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-205 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-206 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Md. Code, Corporations and Associations § 4A-207 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Massachusetts

Mass. Gen. Laws ch. 156C, § 20: Admission as member of limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 40: Judgment against member payable with interest in limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 7: Transaction of business between member or manager and limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 22: Debts, obligations and liabilities of limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 28: Members' obligations to limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 35: Liability for distribution in excess of terms of operating agreement statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 43: Dissolution of limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 45: Winding up affairs of dissolved limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 46: Distribution of assets of limited liability company following dissolution statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Mass. Gen. Laws ch. 156C, § 47: Laws applicable to foreign limited liability company statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

New Jersey

N.J.S.A. 42:2C-13 Operating agreement; effect on third parties and relationship to records effective on behalf of limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-12 Operating agreement; effect on limited liability company and persons becoming members; preformation agreement. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-18 Formation of limited liability company; certificate of formation. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-4 Nature, purposes and duration of limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-50 Known claims against dissolved limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-9 Use of name other than actual limited liability company name. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-11 Operating agreement; scope, function, and limitations. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-36 Liability for improper distributions. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-42 Transfer of transferable interest. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.J.S.A. 42:2C-43 Rights of judgment creditor of a member. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

New York

N.Y. Limited Liability Company Law § 603: Assignment of membership interest statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 604: Rights of assignee to become a member statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 416: § 416. Vacancies. (a) Except as provided in the operating agreement, statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 417: Operating agreement statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 601: Nature of membership interest statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 102: § 102. Definitions. (a) "Articles of organization" means the articles statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 201: § 201. Purpose. A limited liability company may be formed under this statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 407: Action by members without a meeting statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 501: Form of capital contributions statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
N.Y. Limited Liability Company Law § 504: Sharing of distributions statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Ohio

Ohio Rev. Code § 1706.27 | Admission as a member of a limited liability company. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.341. Assignment of limited liability company interest. statute
Ohio text stating that an assignment of a membership interest is permissible, does not by itself make the member cease to be a member or cause dissolution, and, subject to section 1706.332, does not entitle the assignee…
Ohio Rev. Code § 1706.01 | Limited liability company definitions. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.08 | Limited liability company operating agreements. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.082 | Operating agreement amendment, provision of rights, obligations. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.29 | Distributions of limited liability company. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.31 | Duties of a member to a limited liability company and other members. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.06 | Interpretation and application of Revised Limited Liability Company Act. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.07 | Naming of limited liability company. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Ohio Rev. Code § 1706.17 | Filed records of a limited liability company to be signed. statute
LLC governance, operating agreements and member or manager actions text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Pennsylvania

15 Pa.C.S. § 8821. Formation of limited liability company and certificate of organization. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8874. Known claims against dissolved limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8875. Other claims against dissolved limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8815. Contents of operating agreement. statute
LLC powers, agency and management text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8816. Application of operating agreement. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8817. Amendment and effect of operating agreement. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8824. Liability of member, manager or other person for false or missing information in filed statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8846. Liability for improper distributions. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8852. Transfer of transferable interest. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
15 Pa.C.S. § 8812. Definitions. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Texas

Tex. Bus. Orgs. Code § 101.1115. Effect of death or divorce on membership interest. statute
Texas text stating that on a member's divorce the spouse is an assignee of the membership interest to the extent of the spouse's interest, that on a member's death the surviving spouse, heirs, devisees, personal…
Tex. Bus. Orgs. Code § 101.001 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.002 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.051 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.052 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.053 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.054 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.055 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.056 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Tex. Bus. Orgs. Code § 101.101 statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.

Virginia

Virginia Code § 13.1-1038. Nature of interest in limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1023.1. Remedies for breach of operating agreement by member or manager. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1024. Management of a limited liability company by a manager or managers. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1026. Business transactions of members or managers with the limited liability company. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1002. (Effective until January 1, 2027) Definitions. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1023. Operating agreement. statute
LLC operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1039. Assignment of interest. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1040. Right of assignee to become member. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Virginia Code § 13.1-1041.1. Member's transferable interest subject to charging order. statute
LLC governance and operating agreements text. Read the complete provision, including scope, definitions, exceptions and effective dates, before applying it to this agreement.
Va. Code § 59.1-198: Definitions statute

How the draft is checked

Before it writes, the drafter must quote the saved text behind each citation. Lawsmith compares every quotation with the text on file, character for character; a citation with no checked quotation reaches you marked [VERIFY]. The draft still needs your review before it is signed, filed or sent. How citations are checked

Questions attorneys ask

What does Lawsmith draft for a llc membership interest assignment?: Transfer units in an LLC, with or without admitting the assignee as a member. You start from the matter's documents, describe it in your own words, or answer plain intake questions, and the draft comes back as an editable Word document for your review.
Which states is the llc membership interest assignment offered in?: All 13 states Lawsmith covers: California, Connecticut, Delaware, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Texas and Virginia.
Where do the citations come from?: From the statutes, court rules, regulations and forms Lawsmith has saved from each state's government publishers, with the date each text was read and a label saying whether it is the official text. Before writing, the drafter must quote the saved text behind each citation; a citation with no checked quotation reaches you marked for verification.
Is it reviewed by an attorney?: No. Every draft is a first draft for a licensed attorney's review before it is signed, filed or sent. Each citation in it quotes the text Lawsmith has on file or is marked for verification.
What does it cost?: Five documents free, no card. After that, Professional is $499 a month for one attorney.