Revised Code of Washington

Wash. Rev. Code § 25.05.200 (2026)

Partner not co-owner of partnership property

✓ current as of May 2026

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A partner is not a co-owner of partnership property and has no interest in partnership property which can be transferred, either voluntarily or involuntarily.

[ 1998 c 103 s 501.]

Notes of Decisions

Cited in 2 cases, 2013–2013 · leading case: Int'l Marine Underwriters v. ABCD Marine, LLC, 313 P.3d 395 (Wash. 2013).

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Int'l Marine Underwriters v. ABCD Marine, LLC, 313 P.3d 395 (Wash. 2013). · cites it 2× “In other words, under RCW 25.05.200 (Unif. P’ship Act § 501), the partner’s only transferable interest is his or her share of the profits and losses and his or her right to receive distributions.”

Int'l Marine Underwriters v. ABCD Marine, LLC (Wash. 2013). · cites it 2× “Simon 17 In other words, under RCW 25.05.200 (section 501), the partner's only transferable interest is his or her share of the profits and losses and his or her right to receive distributions.”

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