620.8501

Partner not co-owner of partnership property.

Find cases: SyfertCases citing this section FL-LEGleg.state.fl.us JustiaFla. Statutes CornellLII Search CasesGoogle Scholar

620.8501 Partner not co-owner of partnership property.—Partnership property is owned by the partnership as an entity, not by the partners as co-owners. A partner has no interest that can be transferred, either voluntarily or involuntarily, in specific partnership property.

History.—s. 13, ch. 95-242.

Notes of Decisions

Cited in 2 cases, 2012–2012 · leading case: Stewart Tilghman Fox & Bianchi, P.A. v. Kane (In Re Kane)

Sort: Relevance Newest Treatment

Stewart Tilghman Fox & Bianchi, P.A. v. Kane (In Re Kane) (2012) flsb · cites it 2× “See Fla. Stat. §§ 620.8501 , 620.8401, 620.8402.”

Bakst v. United States (In re Kane & Kane) (2012) flsb · cites it 2× “” Fla. Stat. § 620.8501 (1995). Instead, “[e]ach partner is entitled to an equal share of the partnership profits and is chargeable with a share of the partnership losses in proportion to the partner’s share of the profits.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.