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§ 54-1A-501 NMSA 1978

Partner not co-owner of partnership property

Known as the Uniform Partnership Act

The act spans §§ 54–54 (67 sections).

Laws 1996, ch. 53, § 501.

A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.