Nebraska Statutes 67-427. Partner not co-owner of partnership property
Current as of: 2024 | Check for updates
|
Other versions
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.
Terms Used In Nebraska Statutes 67-427
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.