California Corporations Code

§ 16502

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 16502 Effective Jan 1, 1997Title 2 · Ch. 5 · Art. 5

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1996, Ch. 1003, Sec. 2. Effective January 1, 1997.