Louisiana Revised Statutes 12:986.1 – Membership interest
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Terms Used In Louisiana Revised Statutes 12:986.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A membership interest in a dental limited liability company shall not be assignable in whole or part except to another natural person licensed to practice dentistry in this state or a professional dental corporation.
Acts 1995, No. 488, §1.