State Codes and Statutes

Statutes > Tennessee > Title-61 > Chapter-1 > Part-5 > 61-1-502

61-1-502. 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. This interest is personal property.

[Acts 2001, ch. 353.]  

State Codes and Statutes

Statutes > Tennessee > Title-61 > Chapter-1 > Part-5 > 61-1-502

61-1-502. 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. This interest is personal property.

[Acts 2001, ch. 353.]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-61 > Chapter-1 > Part-5 > 61-1-502

61-1-502. 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. This interest is personal property.

[Acts 2001, ch. 353.]