New York § 601 - 601Nature of membership interest
Full text of New York New York Consolidated Laws § 601 — 601Nature of membership interest, with citation guidance and answers to common questions.
§ 601. 601Nature of membership interest
§ 601. Nature of membership interest. A membership interest in the limited liability company is personal property. A member has no interest in specific property of the limited liability company.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 601
What does New York Consolidated Laws § 601 cover?
Section 601 ("601Nature of membership interest") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 601?
A common citation format is "New York Consolidated Laws § 601" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 601 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.