Tenn. Code Ann. § 61-1-502

Partner's transferable interest in partnership

Year: 2026Length: 76 words
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. This interest is personal property. Acts 2001, ch. 353. 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. This interest is personal property. Acts 2001, ch. 353.
Tenn. Code Ann. § 61-1-502: Partner's transferable interest in partnership | Justis AI