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December 27, 2025 Snow | 25°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 156C LIMITED LIABILITY COMPANY ACT
  5. Section 38 Personal property

Section 38

Section 38: Personal property

Section 38. A limited liability company interest is personal property. A member has no interest in specific limited liability company property.