Tennessee Statutes

§ 61-1-501 — Partner not a co-owner of partnership property

Tennessee § 61-1-501

This text of Tennessee § 61-1-501 (Partner not a co-owner of partnership property) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 61-1-501 (2026).

Text

Partnership property is owned by the partnership as an entity. A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.

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Related

Charlotte Scott Forbess v. Michael E. Forbess
370 S.W.3d 347 (Court of Appeals of Tennessee, 2011)
157 case citations

Legislative History

Acts 2001, ch. 353.

Nearby Sections

15
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Bluebook (online)
Tennessee § 61-1-501, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/61-1-501.