Pennsylvania § 8851 - Nature of transferable interest.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 8851 — Nature of transferable interest., with citation guidance and answers to common questions.
§ 8851. Nature of transferable interest.
(a) Personal property.--A transferable interest is personal property.
(b) Only right that may be transferred.--A person may not transfer to a person not a member any rights in a limited liability company other than a transferable interest.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 8851
What does Pennsylvania Consolidated Statutes § 8851 cover?
Section 8851 ("Nature of transferable interest.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. 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 Pennsylvania § 8851?
A common citation format is "Pennsylvania Consolidated Statutes § 8851" (Pennsylvania). 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 Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 8851 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania 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 Pennsylvania.