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Free Books / Society / Law / Partnership, Private Corporations, Public Corporations / | ![]() |
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Section 26. Delectus Personarum |
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This section is from the book "Popular Law Library Vol8 Partnership, Private Corporations, Public Corporations", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
A partner has the power, if not the right, to dispose of his interest in the partnership, but no power or right, except by express agreement, to compel his co-partners to accept his vendee as a new partner. This right of unanimous selection of members is called delectus personarum.
 
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