Nature of partner's interest in partnership

Ind. Code § 23-4-1-26
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 26. A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property. Formerly: Acts 1949, c.114, s.26.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements