The only transferable interest of a partner is the partner's right to receive distributions. The interest is personal property.
KRS 362.2-701
Partner's transferable interest
Known as the Kentucky Uniform Limited Partnership Act
The act spans §§ 362.2-1001 to 362.2-977 (140 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.