The only interest of a partner which is transferable is the partner’s transferable interest. A transferable interest is personal property.

(Added by Stats. 2006, Ch. 495, Sec. 20. Effective January 1, 2007. Section operative January 1, 2008, pursuant to Section 15912.04.)

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Terms Used In California Corporations Code 15907.01

  • Personal property: All property that is not real property.