The only interest of a partner which is transferable is the partner's transferable interest. A transferable interest is personal property.
Ark. Code Ann. § 4-47-701
Partner's transferable interest
Known as the Uniform Limited Partnership Act
The act spans §§ 4–4 (110 sections).
Acts 2007, No. 15, § 1.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.