California Legal Codes and Statutes

§ 16502

Added by Stats. 1996, Ch. 1003, Sec. 2. Effective January 1, 1997.

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.

Cite this section

Cal. Corp. Code § 16502 (2026)
https://ca.codecond.com/codes/corp/title-2-partnerships/chapter-5-uniform-partnership-act-of-1994/article-5-transferees-and-creditors-of-partner/section-16502

Other sections in Article 5 - Transferees and Creditors of Partner

§ 16501§ 16502§ 16503§ 16504

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