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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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CORPORATIONS AND ASSOCIATIONS |
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TITLE 9A. MARYLAND REVISED UNIFORM PARTNERSHIP ACT |
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SUBTITLE 5. TRANSFEREES AND CREDITORS OF PARTNER |
§ 9A-502. Partner's transferable interest in partnership
Latest version.
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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 transferable interest is personal property.