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Searching 2023-2024 Session

The Vermont Statutes Online

The Statutes below include the actions of the 2024 session of the General Assembly.

NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.

Title 11 : Corporations, Partnerships and Associations

Chapter 022 : Partnerships

Subchapter 005 : TRANSFEREES AND CREDITORS OF PARTNER

(Cite as: 11 V.S.A. § 3242)
  • § 3242. Partner’s transferable interest in partnership

    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. (Added 1997, No. 149 (Adj. Sess.), § 1, eff. Jan. 1, 1999.)