Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 4 - Partnerships > Chapter 46 - Uniform Partnership Act (1996) > Subchapter 5 - Transferees and Creditors of Partner > § 4-46-502 - Partner's transferable interest in partnership.

§ 4-46-502 - Partner's transferable interest in partnership.

4-46-502. Partner's transferable interest in partnership.

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.