Partner not co-owner of partnership property

Florida Statutes

Section: 620.8501

Jurisdiction: FL

Bluebook Citation: Fla. Stat. § 620.8501

Partner not co-owner of partnership property. — Partnership property is owned by the partnership as an entity, not by the partners as co-owners. A partner has no interest that can be transferred, either voluntarily or involuntarily, in specific partnership property.

Chat with this statute using AI

Ask CiteLaw's AI Navigator anything about this statute, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.