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 transferable interest is personal property.
Md. Code, Corporations and Associations § 9A-502, under Article — Corporations and Associations.
Md. Code, Corporations and Associations § 9A-502
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 transferable interest is personal property.