Statutes > Tennessee Statutes > Title 61 - Partnerships > Chapter 1 - Revised Uniform Partnership Act > Part 5 - Transferees and Creditors of Partner > 61-1-501 - Partner not a co-owner of partnership property.

61-1-501 - Partner not a co-owner of partnership property.

61-1-501. Partner not a co-owner of partnership property.

Partnership property is owned by the partnership as an entity. 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 2001, ch. 353.]