No Transfer to Minors. In no event, shall all or any part of a Member’s Membership Units be transferred to a minor or a person who is incapacitated, except in trust or by will or intestate succession.
Appears in 18 contracts
Samples: Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (HIS Capital Fund III, LLC), Operating Agreement (Own Our Own Fund I, LLC)
No Transfer to Minors. In no event, shall all or any part of a Member’s Membership Units Interests be transferred to a minor or a person who is incapacitated, except in trust or by will or intestate succession.
Appears in 3 contracts
Samples: Operating Agreement (Pf Royalty I LLC), Operating Agreement (Pf Royalty I LLC), Operating Agreement (Pf Royalty I LLC)
