Kansas Statutes
§ 56a-502 — Partner's transferable interest in partnership
Except as provided in the business entity transactions act, K.S.A. 17-78-101 et seq., and amendments thereto, 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 of a partner is personal property.
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Related
Graves Farms
(D. Kansas, 2019)
Harold Dean Graves and Karen Lynn Graves
(D. Kansas, 2019)
Michael Keith Graves and Rachelle Rae Graves
(D. Kansas, 2019)
Legislative History
L. 1998, ch. 93, § 27; L. 2009, ch. 47, § 46; July 1, 2010.
Nearby Sections
15
§ 56a-1001
Statement of qualification§ 56a-1003
Distributions; limitations§ 56a-1004
Return of contribution; liability§ 56a-101
Definitions§ 56a-102
Knowledge and notice§ 56a-104
Supplemental principles of law§ 56a-106
Governing law§ 56a-1103
Effect of failure to qualify§ 56a-1201
Domestic limited liability partnerships; business entity information report; contents; report fee