{"code":"CORP","codeName":"Corporations Code","section":"16502","citation":"Corp. Code, § 16502","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. PARTNERSHIPS [15800. - 16962.]","url":"https://blackletter.si/corporations-code/title-2"},{"name":"CHAPTER 5. Uniform Partnership Act of 1994 [16100. - 16962.]","url":"https://blackletter.si/corporations-code/title-2/chapter-5"},{"name":"ARTICLE 5. Transferees and Creditors of Partner [16501. - 16504.]","url":"https://blackletter.si/corporations-code/title-2/chapter-5/article-5"}],"history":"Added by Stats. 1996, Ch. 1003, Sec. 2.   Effective January 1, 1997.","effective":"1997-01-01","html":"<p>The only transferable interest of a partner in the partnership is the partner’s share of the profits and losses of the partnership and the partner’s right to receive distributions. The interest is personal property.</p>","text":"The only transferable interest of a partner in the partnership is the partner’s share of the profits and losses of the partnership and the partner’s right to receive distributions. The interest is personal property.","otherVersions":[],"url":"https://blackletter.si/corporations-code/transferees-and-creditors-of-partner-16502","source":"California Legislative Information bulk export (pubinfo)"}