Tennessee Statutes
§ 61-1-502 — Partner's transferable interest in partnership
Tennessee § 61-1-502
JurisdictionTennessee
Title61
This text of Tennessee § 61-1-502 (Partner's transferable interest in partnership) 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. § 61-1-502 (2026).
Text
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. This interest is personal property.
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Related
Charlotte Scott Forbess v. Michael E. Forbess
370 S.W.3d 347 (Court of Appeals of Tennessee, 2011)
Legislative History
Acts 2001, ch. 353.
Nearby Sections
15
§ 61-1-1002
Registered office - Registered agent§ 61-1-1003
Name§ 61-1-1006
Certificate of existence§ 61-1-101
Chapter definitions§ 61-1-102
Knowledge and notice§ 61-1-104
Supplemental principles of law§ 61-1-106
Governing law§ 61-1-1201
Uniformity of application and construction§ 61-1-1202
Short titleCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 61-1-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/61-1-502.