Partner’s transferable interest; certificates

Partner’s transferable interest; certificates. — (1) The only interest of a partner which is transferable is the partner’s transferable interest. A transferable interest is personal property. (2) The partnership agreement may provide that a partner’s interest in a limited partnership may be evidenced by a certificate issued by the limited partnership and may also provide for the assignment or transfer of any interest in the limited partnership represented by such a certificate and make other provisions with respect to such certificates.