Ohio Rev. Code » Chapter 1782
Ohio Revised Code

Ohio Rev. Code § 1782.39 (2026)

Partnership interest is personal property

✓ current as of May 2026
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Effective:
December 23, 1986
Latest Legislation:
House Bill 428 - 116th General Assembly
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A partnership interest is personal property.
Notes of Decisions
Cited in 6 cases, 1989–2012 · leading case: Cardinal Indus., Inc. v. Buckeye Fed. Sav. & Loan Ass'n, 105 B.R. 834 (Bankr. S.D. Ohio 1989).
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Cardinal Indus., Inc. v. Buckeye Fed. Sav. & Loan Ass'n, 105 B.R. 834 (Bankr. S.D. Ohio 1989). · cites it 4× “See Ohio Rev.Code § 1782.39. The Partnership Interests, which make available to the Debtors shares of income or distributions from the sale or refinancing of Partnership Properties, come into each Debtor partner’s bankruptcy estate and are available for creditors.”
Lawyers Coop. Publ'g Co. v. Muething, 603 N.E.2d 969 (Ohio 1992). “24(A), and limited or general partnership interests in a limited partnership, R.C. 1782.39. Based on the foregoing analysis, we hold that Muething’s claim of a loss in value of his interest in his law practice is essentially a claim of injury to personal property and is,…”
In Re Bailey, 468 B.R. 464 (Bankr. D. Mass. 2012). “" Ohio Rev.Code § 1782.39. The assignment of a partnership interest transfers only the interest in the partnership and the right to receive distributions as a partner; it does not transfer the underlying partnership assets themselves.”
Bailey v. Wells Fargo Bank, NA, 468 B.R. 464 (Bankr. D. Mass. 2012). “” Ohio Rev.Code § 1782.39. The assignment of a partnership interest transfers only the interest in the partnership and the right to receive distributions as a partner; it does not transfer the underlying partnership assets themselves.”
Gahanna-Jefferson Pub. Schs. Bd. of Educ. v. Franklin Cnty. Bd. of Revision, 89 Ohio St. 3d 450 (Ohio 2000). “R.C. 1782.39 defines an interest in a limited partnership as personal property.”
Gahanna-Jefferson Pub. Schs. Bd. of Edn. v. Franklin Cty. Bd. of Revision, 2000 Ohio 216 (Ohio 2000). “R.C. 1782.39 defines an interest in a limited partnership as personal property.”
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