Current as of January 01, 2020 | Updated by FindLaw Staff
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Except as provided in the business entity transactions act, K.S.A. 17-78-101 et seq., and amendments thereto, 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 is personal property.
Cite this article: FindLaw.com - Kansas Statutes Chapter 56A. Kansas Uniform Partnership Act § 56a-502. Partner's transferable interest in partnership - last updated January 01, 2020 | https://codes.findlaw.com/ks/chapter-56a-kansas-uniform-partnership-act/ks-st-sect-56a-502.html
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