805 ILCS 206/501 – Partner not co-owner of partnership property | Midpage
§ 501
805 ILCS 206/501
Partner not co-owner of partnership property
Effective Jan 1, 2003(Source: P.A. 92-740, eff. 1-1-03.)
A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.