{
  "urn": "urn:us-la:rs:12:1332",
  "title_number": "12",
  "section_number": "1332",
  "citation": "R.S. 12:1332",
  "heading": "Right of assignee to become a member",
  "text": "A. Except as otherwise provided in the articles of organization or a written operating agreement:\n\n(1) An assignee of an interest in a limited liability company shall not become a member or participate in the management of the limited liability company unless the other members unanimously consent in writing.\n\n(2) Until the assignee of an interest in a limited liability company becomes a member, the assignor shall continue to be a member.\n\nB. An assignee who becomes a member has, to the extent assigned, the rights and powers, and is subject to the restrictions and liabilities, of a member under the articles of organization, any operating agreement, and this Chapter. Except as otherwise provided in the articles of organization or a written operating agreement, an assignee who becomes a member also shall be liable for any obligations of his assignor to make contributions under R.S. 12:1322 and to return under R.S. 12:1328(A) distributions received in violation of R.S. 12:1327. However, the assignee shall not be obligated for liabilities unknown to the assignee at the time that he became a member.\n\nC. Whether or not an assignee of a membership interest becomes a member, the assignor shall not be released from his liability to the limited liability company under R.S. 12:1322 and 1328.",
  "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"
    },
    {
      "act_year": 1993,
      "act_number": 475,
      "section": 4,
      "effective_date": "1993-06-09",
      "effective_date_raw": "June 9, 1993",
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1992, No. 780, §2, eff. July 7, 1992; Acts 1993, No. 475, §4, eff. June 9, 1993.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=76285",
  "website_law_id": 76285,
  "scrape_timestamp": "2026-05-22T21:50:54Z",
  "source_html_hash": "sha256:71c0473df1bd48ac2f62f4c8cde1dfcc44114e708438a1274004e17a7fe52286",
  "schema_version": "1.0.0"
}