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. A partner’s interest in the partnership is personal property.
Fla. Stat. § 620.8502
Partner’s transferable interest in partnership
Known as the Revised Uniform Partnership Act
The act spans §§ 620–620 (71 sections).
History.--s. 13, ch. 95-242.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.