§ 50-73.45. Assignment of partnership interest
Except as provided in the partnership agreement, a partnership interest is assignable in whole or in part. An assignment of a partnership interest does not dissolve a limited partnership or entitle the assignee to become or to exercise any rights of a partner. An assignment entitles the assignee to receive, to the extent assigned, only the distribution to which the assignor would be entitled. Except as provided in the partnership agreement, a partner ceases to be a partner upon assignment of all his partnership interest.
(1985, c. 607.)
Sections: Previous 50-73.39 50-73.39:1 50-73.40 50-73.41 50-73.42 50-73.43 50-73.44 50-73.45 50-73.46 50-73.46:1 50-73.47 50-73.48 50-73.48:1 50-73.48:2 50-73.48:3 NextLast modified: April 3, 2009