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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>71011</law_id><section_number>50-73.106</section_number><catch_line>Partner&amp;#8217;s transferable interest in partnership</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="50">Partnerships</unit><unit label="chapter" level="2" order_by="1" identifier="2.2">Virginia Uniform Partnership Act</unit><unit label="article" level="3" order_by="1" identifier="5">Transferees and Creditors of Partner</unit></structure><text>
						<section><p>The only transferable interest of a partner in the <span class="dictionary">partnership</span> is the partner&#x2019;s share of the profits and losses of the <span class="dictionary">partnership</span> and the partner&#x2019;s right to receive <span class="dictionary">distributions</span>. The interest is personal <span class="dictionary">property</span>.</p></section></text><history>1996, c. 292.</history><metadata></metadata></law>
