Partnership property is owned by the partnership as an entity. 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.
KRS 362.1-501
Partner not co-owner of partnership property
Known as the Kentucky Revised Uniform Partnership Act
The act spans §§ 362.1-1001 to 362.1-975 (90 sections).
Effective: July 12, 2006 History: Created 2006 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.