Partner not co-owner of partnership property

805 ILCS 206/501, under Transferees And Creditors Of Partner.

805 ILCS 206/501

(805 ILCS 206/501)

    Sec. 501. Partner not co-owner of partnership property. 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.

(Source: P.A. 92-740, eff. 1-1-03.)