Vt. Stat. tit. 11 § 3242

Current through L. 2024, c. 177.

Section 3242 - 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.

11 V.S.A. § 3242

Added 1997, No. 149 (Adj. Sess.), § 1, eff. 1/1/1999.