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January 22, 2025 Clouds | 19°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XV REGULATION OF TRADE
  4. Chapter 108A PARTNERSHIPS
  5. Section 26 Interest in partnership; profits

Section 26

Section 26: Interest in partnership; profits

Section 26. A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property.