If an operating agreement provides that a transferee of a member's transferable interest becomes an LLC member,then:

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Under the RULLCA,a member may transfer her transferable interest in the LLC to another person;however,the transferee is not a member of the LLC.The LLC operating agreement may provide that a transferee of a member's transferable interest becomes an LLC member.If so,the transferee has the rights,powers,and liabilities of the transferring member,which may include the right to manage the LLC,the right to access LLC records,and the duty to make additional capital contributions.

If an Operating Agreement Provides That a Transferee of a Member's