South Dakota Statutes

§ 48-7A-502 — Partner's transferable interest in partnership.

South Dakota·Title 48 PARTNERSHIPS·Ch. 48-7 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 and the partner's right to receive distributions. The interest is personal property.

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Peters v. Great Western Bank, Inc.
2015 SD 4 (South Dakota Supreme Court, 2015)
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Legislative History

SL 2001, ch 249, § 502.

Nearby Sections

15
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