New Jersey Statutes - Title 42 Partnerships and Partnership Associations - 42:1A-28 Transferable interest of partner
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New Jersey Laws > Partnerships and Partnership Associations > New Jersey Statutes - Title 42 Partnerships and Partnership Associations - 42:1A-28 Transferable interest of partner
42:1A-28. Transferable interest of partner
28. 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.
L.2000,c.161,s.28.
Sections: 1a-21 1a-22 1a-23 1a-24 1a-25 1a-26 1a-27 1a-28 1a-29 1a-30 1a-31 1a-32 1a-33 1a-34 1a-35
Last modified: February 14, 2012
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