{"data":{"id":"us-vt/11-v.s.a.-3242","jurisdiction":"us-vt","citation":"11 V.S.A. § 3242","heading":"Partner’s transferable interest in partnership","body":"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.","path":["Title 11: Corporations, Partnerships and Associations","Chapter 022: Partnerships","Subchapter 005: TRANSFEREES AND CREDITORS OF PARTNER"],"source_url":"https://legislature.vermont.gov/statutes/section/11/022/03242","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:00:21Z","sha256":"8e84672df701a99850f848aceec887632600c78070d042ff49927906a9b3be18","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-3241","next":"us-vt/11-v.s.a.-3243"},"notice":"GroundRules: Original legal text. Not legal advice."}