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2021 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 486A - UNIFORM PARTNERSHIP ACT
Section 486A.502 - Partner’s transferable interest in partnership.
Universal Citation: IA Code § 486A.502 (2021)
486A.502 Partner’s transferable interest in partnership.
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.
98 Acts, ch 1201, §27, 79, 82
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