S.D. Codified Laws § 48-7A-502

Current through the 2024 Legislative Session
Section 48-7A-502 - Partner's transferable interest in partnership

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.

SDCL 48-7A-502

SL 2001, ch 249, §502.