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Code · California · Corporations Code

§ 16502

34 words·~1 min read·/ca/corporations-code/16502

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
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