SEC. 79-13-502. Partner's transferable interest in partnership.
The only transferable interest of a partner in the partnership is the partner's share of the profits and losses of the partnership and the partner's right to receive distributions. The interest is personal property.
SOURCES: Laws, 2004, ch. 458, § 502, SB 2504, eff from and
after Jan. 1, 2005.
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