Rights of and Assignment by Members

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This is Article 7 of the Code of Virginia, titled “Rights of and Assignment by Members.” It is part of Chapter 12 “Virginia Limited Liability Company Act”, which is part of Title 13.1 “Corporations”.

It’s comprised of the following 8 sections.

§ 13.1-1038	Nature of interest in limited liability company
§ 13.1-1038.1	Admission of members
§ 13.1-1039	Assignment of interest
§ 13.1-1040	Right of assignee to become member
§ 13.1-1040.1	Events causing member's dissociation
§ 13.1-1040.2	Effect of a member's dissociation
§ 13.1-1041	Repealed
§ 13.1-1041.1	Member's transferable interest subject to charging order