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30 chapters · 1,466 sections in this title.
Iowa Code § 486A.502 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. The interest is personal property. 98 Acts, ch 1201, §27, 79, 82
Iowa Code § 486A.503 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 is or does all of the following: 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 agai…
Iowa Code § 486A.504 Partner’s transferable interest subject to charging order.
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1. On 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 become…
Iowa Code § 486A.601 Events causing partner’s dissociation.
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A partner is dissociated from a partnership upon the occurrence of any of the following events: 1. The partnership’s having notice of the partner’s express will to withdraw as a partner or on a later date specified by the partner. 2. An event agreed to in the partnership agreemen…