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N.C. Gen. Stat. § 59-56

Nature of partner's interest in the partnership

Showing this section's text as in effect on June 1, 2021 (in force June 1, 2021 – April 1, 2022). View current text →

A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property.

History

(1941, c. 374, s. 26.)

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.