---
title: O.C.G.A. § 14-11-501. Nature of limited liability company interest.
collection: code
id: 14-11-501
cite_as: O.C.G.A. § 14-11-501 (2025)
canonical_url: https://georgiacommons.org/code/14-11-501
md_url: https://georgiacommons.org/code/14-11-501.md
text_url: https://georgiacommons.org/code/14-11-501/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=1149
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-11.md
previous: https://georgiacommons.org/code/14-11-409.md
next: https://georgiacommons.org/code/14-11-502.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / LIMITED LIABILITY COMPANIES / LIMITED LIABILITY COMPANY INTERESTS; ADMISSION OF MEMBERS
---

# O.C.G.A. § 14-11-501. Nature of limited liability company interest.

(a) A limited liability company interest is personal property. A member has no interest in specific limited liability company property.

(b) An operating agreement or the articles of organization may provide that a limited liability company interest may be evidenced by a certificate issued by the limited liability company.

## History

Code 1981, § 14-11-501, enacted by Ga. L. 1993, p. 123, § 1.