Home/California/Statutes/Code CORP: Corporations Code - CORP/Title 2.: TITLE 2. PARTNERSHIPS/Ch. 5.: CHAPTER 5. Uniform Partnership Act of 1994/Art. 5.: ARTICLE 5. Transferees and Creditors of Partner/§ 16502.
California Statutes

§ 16502. — 16502. (Added by Stats. 1996, Ch. 1003, Sec. 2.)

California § 16502.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Title 2.TITLE 2. PARTNERSHIPS
Ch. 5.CHAPTER 5. Uniform Partnership Act of 1994
Art. 5.ARTICLE 5. Transferees and Creditors of Partner

This text of California § 16502. (16502. (Added by Stats. 1996, Ch. 1003, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Corporations Code - CORP Code § 16502. (2026).

Text

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.

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Legislative History

Added by Stats. 1996, Ch. 1003, Sec. 2. Effective January 1, 1997.
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California § 16502., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/16502..