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 interest is personal property.
Minn. Stat. § 323A.0502
PARTNER'S TRANSFERABLE INTEREST IN PARTNERSHIP.
Known as the Uniform Partnership Act
The act spans §§ 323A.0101 to 323A.1203 (68 sections).
1997 c 174 art 5 s 27
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.