[§425-126] Nature of partner's interest in the partnership. [Repealed July 1, 2000. For new provision, see below.] A partner's interest in the partnership is the partner's share of the profits and surplus, and the same is personal property. [L 1972, c 17, §26; gen ch 1985]

TRANSFEREES AND CREDITORS OF PARTNER

§425-126 Partner not co-owner of partnership property. [Section effective July 1, 2000. For present provision, see above.] A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily. [L 1999, c 284, pt of §1]