A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property.
N.C. Gen. Stat. § 59-56
Nature of partner's interest in the partnership
Known as the North Carolina Uniform Partnership Act
The act spans §§ 59–59 (46 sections).
Applied in 3 court decisions — leading case 75 N.C. App. 584 - Ludwig v. Walter (1985)
Most recently applied in Chesson v. Rives (October 2013)
1941, c. 374, s. 26.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
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.