Alaska Statutes Sec. 32.06.502 - Partner's Transferable Interest in Partnership

Except as provided in AS 10.55 (Alaska Entity Transactions Act), 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 of a partner, whether or not transferable, is personal property.

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Last modified: November 15, 2016