Section 32.06.502. Partner's transferable interest in partnership.

Latest version.

Except as provided in AS 10.55 (Alaska Entity Transactions 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 of a partner, whether or not transferable, is personal property.

Notes

History

(Sec. 6 ch 115 SLA 2000; am Sec. 12 ch 60 SLA 2013)

                    
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