Alaska Stat. § 32.06.502

Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 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.

AS 32.06.502

Amended by SLA 2013, ch. 60,sec. 12, eff. 7/1/2014.