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13 chapters · 970 sections in this title.
Fla. Stat. § 620.8501 Partner not co-owner of partnership property
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Partnership property is owned by the partnership as an entity, not by the partners as co-owners. A partner has no interest that can be transferred, either voluntarily or involuntarily, in specific partnership property.History.—s. 13, ch. 95-242.
Fla. Stat. § 620.8502 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. A partner’s interest in the partnership is personal property.History.—s. 13, ch. 95-242.
Fla. Stat. § 620.8503 Transfer of partner’s transferable interest
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(1) A transfer, in whole or in part, of a partner’s transferable interest in the partnership:(a) Is permissible.(b) Does not, by itself, cause the partner’s dissociation or a dissolution and winding up of the partnership business.(c) Does not, as against the other partners or the…
Fla. Stat. § 620.8504 Partner’s transferable interest subject to charging order
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(1) Upon application by a judgment creditor of a partner or of a partner’s transferee, a court having jurisdiction may charge the transferable interest of the judgment debtor to satisfy the judgment. The court may appoint a receiver of the share of the distributions due or to bec…