Florida § 620.8502 - Partner’s transferable interest in partnership.
Full text of Florida Florida Statutes § 620.8502 — Partner’s transferable interest in partnership., with citation guidance and answers to common questions.
§ 620.8502. Partner’s transferable interest in partnership.
The only transferable interest of a partner in the partnership is the partner’s share of the profits and losses of the partnership and the partner’s right to receive distributions. A partner’s interest in the partnership is personal property.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 620.8502
What does Florida Statutes § 620.8502 cover?
Section 620.8502 ("Partner’s transferable interest in partnership.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 620.8502?
A common citation format is "Florida Statutes § 620.8502" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 620.8502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.