Nerve pathway of a simple reflex. When the sensory nerve ending is stimulated, a nerve impulse travels along a sensory (afferent) neuron to the spinal cord. Here an association neuron transfers the impulse to a motor (efferent) neuron.
Deeds are instruments used to record ownership interests. When you purchase or otherwise come into ownership of real estate such as a house, you gain an ownership interest in it. Ownership interests in real estate can be solely held or divided among several people.
Membership interest-a member's rights in the limited liability company, including the member's right to receive distributions of the limited liability company's assets. Operating agreement-the agreement concerning the relationship among the members, managers and limited liability company.