N.J. Stat. § 42:1A-28

Current through L. 2024, c. 80.

Section 42:1A-28 - Transferable interest of partner

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.

N.J.S. § 42:1A-28

Added by L. 2000, c. 161, s. 28, eff. 12/8/2000.