Membership interests or certificates represent ownership in an LLC. It is similar to “stock” held in the corporation. Of course, there isn’t any stock in an LLC, but rather membership interests. I mention stock because the membership interests need to be treated just like stock would be
Membership Certificate vs. Stock By Lee R. Phillips One of the issues that seemed to be of particular interest at our boot camp the first of March was ownership of the LLC. Ownership is represented by the “stock” held in the LLC. Of course, there isn’t any stock in an LLC. It is a “membership […]
