Assignment of interest in LLCs happens when a member communicates to other members his/her intention to transfer part or all of his ownership rights in the LLC to another entity.
https://www.upcounsel.com/assignment-of-interest-in-llc
Restrictions on Assignment. Assignment of LLC interest is generally permissible, however, state law and the LLC's governing documents may restrict what can be assigned or how the assignment can...
https://info.legalzoom.com/article/assignment-interest-llc
The assignment of LLC member interest is not necessarily a sale of the member's ownership in the company.. One way that an assignment of interest can be used is as collateral for a loan.
https://smallbusiness.chron.com/assignment-interest-llc-66393.html
An LLC Membership Interest Assignment is a document used when one member of an LLC, also known as a limited liability company, wishes to transfer their interest to another party entirely.
https://www.wonder.legal/us/modele/llc-membership-interest-assignment
Assignment of Interest Agreement. By: David Carnes. Updated September 26, 2017.. The assignment of an interest in a partnership or LLC is generally regulated by the partnership...
https://bizfluent.com/info-8682667-assignment-interest-agreement.html
The assignment of undivided interests in payment might thus be similar to the assignment of a beneficial interest, whereby the right as such was not transferred or assigned to the assignee.
https://glosbe.com/en/en/assignment%20of%20interest