Statutes > Alabama Statutes > Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS. > Chapter 8A — UNIFORM PARTNERSHIP ACT (1996) > Section 10-8A-501 Partner not co-owner of partnership property.

Section 10-8A-501 Partner not co-owner of partnership property.

Section 10-8A-501

Partner not co-owner of partnership property.

A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.

(Acts 1996, No. 96-528, p. 685, §1.)