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.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Chapter 46 - Uniform Partnership Act (1996)
Subchapter 5 - Transferees and Creditors of Partner
§ 4-46-501. Partner not co-owner of partnership property
§ 4-46-502. Partner's transferable interest in partnership
§ 4-46-503. Transfer of partner's transferable interest
§ 4-46-504. Partner's transferable interest subject to charging order