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Vermont Statutes Title 11 Sec. 3242 - Partner's transferable interest in partnership

Vermont Statutes > Title 11 > Chapter 22 > § 3242 - Partner's transferable interest in partnership

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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 interest is personal property. (Added 1997, No. 149 (Adj. Sess.), { 1, eff. Jan. 1, 1999.)


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Partnerships

Vermont Statutes Title 11 Sec. 3242 - Partner's transferable interest in partnership

Vermont Statutes > Title 11 > Chapter 22 > § 3242 - Partner's transferable interest in partnership

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