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Code · Alaska · Title 32 · Chapter 6

Sec. 32.06.502. Partner's transferable interest in partnership.

58 words·~1 min read·/ak/title-32/chapter-6/32-06-502

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Sec. 32.06.502. Partner's transferable interest in partnership.
Except as provided in AS 10.55 (Alaska Entity Transactions Act), 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 of a partner, whether or not transferable, is personal property.
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