yourstate.us
N.J. Stat. § 42:1A-28

Transferable interest of partner

New Jersey · New Jersey Statutes Title 42 — Partnerships and Partnership Associations · Status: effective

Get this as JSONEmbed this
Cite this
Citation
N.J. Stat. § 42:1A-28, Transferable interest of partner, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1470153
Permanent ID
ys:prov:1470153@1
SHA-256
92b19761cbb6ca8a3be03f6feb557f9ac6897aaa768bd4e69afd9fa5529d52d8

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

28. 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.