New York Statutes
§ 51 — Nature of a partner's right in specific partnership property
New York § 51
This text of New York § 51 (Nature of a partner's right in specific partnership property) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Partnership § 51 (2026).
Text
§ 51. Nature of a partner's right in specific partnership property.\n1. A partner is co-owner with his partners of specific partnership\nproperty holding as a tenant in partnership.\n 2. The incidents of this tenancy are such that:\n (a) A partner, subject to the provisions of this chapter and to any\nagreement between the partners, has an equal right with his partners to\npossess specific partnership property for partnership purposes; but he\nhas no right to possess such property for any other purpose without the\nconsent of his partners.\n (b) A partner's right in specific partnership property is not\nassignable except in connection with the assignment of the rights of all\nthe partners in the same property.\n (c) A partner's right in specific partnership property is not subject\nt
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Bluebook (online)
New York § 51, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PTR/51.