California Corporations Code ARTICLE 7 - Transferable Interests and Rights of Transferees and Creditors

• Section 15907.01.
  The only interest of a partner which is transferable is the partner’s transferable interest. A transferable interest is personal property.(Added by Stats. 2006, Ch. 495,...
• Section 15907.02.
  (a) A transfer, in whole or in part, of a partner’s transferable interest:(1) is permissible;(2) does not by itself cause the partner’s dissociation or a dissolution and winding...
• Section 15907.03.
  (a) On application to a court of competent jurisdiction by any judgment creditor of a partner or transferee, the court may charge the transferable interest of...
• Section 15907.04.
  If a partner dies, the deceased partner’s personal representative or other legal representative may exercise the rights of a transferee as provided in Section 15907.02...

Last modified: October 22, 2018