Florida Statute 620.8501 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 620
PARTNERSHIP LAWS

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F.S. 620.8501

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.

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Amendments to 620.8501

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Cases Citing Statute 620.8501

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Bakst v. United States (In re Kane & Kane)

475 B.R. 251

United States Bankruptcy Court, S.D. Florida. | Filed: Jul 5, 2012 | Docket: 65784094

Published

in specific partnership property.” Fla. Stat. § 620.8501 (1995). Instead, “[e]ach partner is entitled