Nature of Interest. 13. A Member's interest in the Company will be considered personal property, and will at no time be considered real property.
Appears in 3 contracts
Samples: Operating Agreement (Korth Direct Mortgage LLC), Operating Agreement (Korth Direct Mortgage LLC), Operating Agreement (Korth Direct Mortgage LLC)
Nature of Interest. 1310. A Member's interest in the Company will be considered personal property, and will at no time be considered real property.
Appears in 1 contract
Samples: Operating Agreement
Nature of Interest. 1312. A Member's interest in the Company will be considered personal property, and will at no time be considered real property.
Appears in 1 contract
Samples: Operating Agreement
Nature of Interest. 139. A Member's interest in the Company Corporation will be considered personal property, and will at no time be considered real property.
Appears in 1 contract
Samples: Operating Agreement