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New Jersey Statutes, Title: 42, PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS

    Chapter 1a:

      Section: 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.



This section added to the Rutgers Database: 2012-09-26 13:37:53.






Older versions of 42:1a-28 (if available):



Court decisions that cite this statute: CLICK HERE.