GroundRules
805 ILCS 206/502: Partner's transferable interest in partnership.
Where this section sits in the code
- CHAPTER 805 BUSINESS ORGANIZATIONS
- Uniform Partnership Act (1997).
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.
Collected 2026-09-15T04:46:47Z. Source file · JSON