Tennessee Code Annotated
Tenn. Code Ann. § 61-1-203 (2026)
Partnership property
✓ current as of May 2026
Property transferred to or otherwise acquired by a partnership is property of the partnership and not of the partners individually.
Acts 2001, ch. 353.
Notes of Decisions
Cited in 5
cases, 2010–2019 · leading case: Arnold Ray Parker v. William H. Clayton (Tenn. Ct. App. 2019).
Arnold Ray Parker v. William H. Clayton (Tenn. Ct. App. 2019). “See Tenn. Code Ann. §§ 61-1-203 and -204 (describing when property belongs to partnership as opposed to individual partners); Finch v.”
Jean Meadows, etc. v. Tara Harrison, etc. (Tenn. Ct. App. 2013). “” Tenn. Code Ann. § 61-1-203 (emphasis added).”
Jeff Finch v. Tina Raymer (Tenn. Ct. App. 2013). “Tenn. Code Ann. § 61-1-203 . The issue of when property is “acquired by” a partnership is governed by Tennessee Code Annotated section 61-1-204.”
Judy Wyatt v. Ronald Byrd (Tenn. Ct. App. 2010). “Tennessee Code Annotated section 61-1-203 states that “Property transferred to or otherwise acquired by a partnership is property of the partnership and not of the partners individually.”
Leisa Reed v. Randell Thurman (Tenn. Ct. App. 2015). “” Tenn. Code Ann. § 61-1-203 (2013). As we explained in Finch v.”
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