362.1-502

Ky. Rev. Stat. Ann. § 362.1-502

Partner's transferable interest in partnership.

Effective Jul 12, 20062006 Ky. Acts ch. 149, sec. 43Commonwealth of Kentucky

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.

Effective: July 12, 2006

History: Created 2006 Ky. Acts ch. 149, sec. 43, effective July 12, 2006.