Maine Statutes

§ 31 §1052 — Partner's transferable interest in partnership

Maine·Title 31 PARTNERSHIPS AND ASSOCIATIONS·Ch. 17 UNIFORM PARTNERSHIP ACT
The only transferable interest of a partner in the partnership is the partner's share of the profits and losses of the partnership, the allocations of income, gain, loss, deduction or credit or similar items related to such profits and losses and the partner's right to receive distributions. The interest is personal property.

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Legislative History

PL 2005, c. 543, §A2 (NEW).

Nearby Sections

15
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