A Transfer of an Interest in a Limited Liability Company

question 30

Multiple Choice

A transfer of an interest in a limited liability company:

• A) may not be made without the express, written permission of all other members.
• B) is personal property, and may be transferred in whole, but not in part.
• C) is personal property, and may be transferred in whole or in part.
• D) does not entitle the transferee to receive distributions to which the transferor would be entitled.
• E) is a "per se" violation of the Uniform Limited Liability Company Act.