Washington Code 25.05.200 – Partner not co-owner of partnership property
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A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.
[ 1998 c 103 § 501.]
Terms Used In Washington Code 25.05.200
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.