N.C. Gen. Stat. § 59-54
Extent of property rights of a partner
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The property rights of a partner are:
The property rights of a partner are:
(1) His right in specific partnership property,
(1) His right in specific partnership property,
(2) His interest in the partnership, and
(2) His interest in the partnership, and
(3) His right to participate in the management.
(3) His right to participate in the management.
History
(1941, c. 374, s. 24.)
Legal Periodicals. - For article, "The Creation of North Carolina's Limited Liability Corporation Act," see 32 Wake Forest L. Rev. 179 (1997).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.