Statute · California Corporations Code
Cal. Corp. Code § 16502 — Transferees and Creditors of Partner
Cal. Corp. Code § 16502
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Corp. Code § 16502 — Transferees and Creditors of Partner is in force in the current edition of the Code, and nothing recorded condemns it.
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.