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2011 Vermont Code
Title 11 Corporations, Partnerships and Associations
Chapter 22 PARTNERSHIPS
§ 3242 Partner's transferable interest in partnership


11 VT Stats § 3242. (2011 through Adj Sess) What's This?

§ 3242. 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. (Added 1997, No. 149 (Adj. Sess.), { 1, eff. Jan. 1, 1999.)

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