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. History: Laws 1996, ch. 53, § 502.
Partner's transferable interest in partnership
NMSA 1978, § 54-1A-502 — under Article 1A.
NMSA 1978, § 54-1A-502