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. The transferable interest is personal property.
Md. Code Ann., Corps. & Ass'ns § 9A-502
Known as the Maryland Revised Uniform Partnership Act
The act spans §§ 9A-1001 to 9A-910 (93 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.