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 transferable interest is personal property.
Structure Maryland Statutes
Title 9A - Maryland Revised Uniform Partnership Act
Subtitle 5 - Transferees and Creditors of Partner
Section 9A-501 - Partner Not Co-Owner of Partnership Property
Section 9A-502 - Partner's Transferable Interest in Partnership
Section 9A-503 - Transfer of Partner's Transferable Interest
Section 9A-504 - Partner's Transferable Interest Subject to Charging Order