Ca_Law

statute | California

Corporations Code - CORP - CORP § 16502

  • UIDca_leginfo_codes:corp-16502
  • CitationCorporations Code - CORP - CORP § 16502
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

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.

Text

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.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 16502

    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.