{
  "urn": "urn:us-la:rs:12:1329",
  "title_number": "12",
  "section_number": "1329",
  "citation": "R.S. 12:1329",
  "heading": "Nature of membership interest",
  "text": "A membership interest shall be an incorporeal movable. A member shall have no interest in limited liability company property.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "12",
      "name": "CORPORATIONS AND ASSOCIATIONS"
    },
    {
      "level": "chapter",
      "number": "22",
      "name": "LIMITED LIABILITY COMPANIES"
    },
    {
      "level": "part",
      "number": "VI",
      "name": "ASSIGNMENT OF MEMBERSHIP INTERESTS"
    }
  ],
  "breadcrumb": "Title 12 › Chapter 22 › Part VI",
  "acts_citations": [
    {
      "act_year": 1992,
      "act_number": 780,
      "section": 2,
      "effective_date": "1992-07-07",
      "effective_date_raw": "July 7, 1992",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1992, No. 780, §2, eff. July 7, 1992.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=76281",
  "website_law_id": 76281,
  "scrape_timestamp": "2026-05-22T21:50:53Z",
  "source_html_hash": "sha256:efc4d0febd900370f0810ed827adeebf4c231d91250aadc337ae4a58a24bab6c",
  "schema_version": "1.0.0"
}