Alabama Code (Last Updated: November 28, 2014) |
Title10A ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE. |
Chapter8. GENERAL PARTNERSHIPS. |
Article5. Transferees and Creditors of Partners. |
§10A-8-5.01. Partner not co-owner of partnership property.
Latest version.
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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.