DEFINITION
Membership Interest

"Membership interest" or "interest" means a member's collective rights in a limited liability company, including the member's share of profits and losses of the limited liability company, the right to receive distributions of the limited liability company's assets and any right to vote or participate in management.

Loading conversations.
Similar or Related Terms
Statistics
272
Characters
47
Words
-10.08
Flesch Reading Ease
26.3
Flesch Kincaid Grade