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Iowa Code § 486A.502

Partner’s transferable interest in partnership

Iowa · Iowa Code Chapter 486A — Uniform Partnership Act · Status: effective

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Iowa Code § 486A.502, Partner’s transferable interest in partnership, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2255235
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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.