A partner’s interest in the partnership is his share of the profits and surplus, and the same is personal property.
Effective: June 26, 2007

Terms Used In Kentucky Statutes 362.275

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

History: Repeal the prior repeal contained in 2006 Ky. Acts ch. 149, sec. 239, which was to have been effective January 1, 2008, 2007 Ky. Acts ch. 137, sec. 180, effective June 26, 2007. — Repealed 2006 Ky. Acts ch. 149, sec. 239, effective January 1, 2008. — Created 1954 Ky. Acts ch. 38, sec. 26, effective June 17, 1954.